Another area where we have to agree to disagree is your assessment of the Company's ability and willingness to release information from time to time.
Press releases, no matter the content, typically require review by legal, and then REQUIRE Form 8-K SEC filings so that any release is made available to everyone (that darn Regulation FD) via EDGAR.
The process, while not very time consuming if it's been done before, does require significantly more than 5 minutes.
It also requires expeditures for internal company labor, legal, SEC EDGARization and filing fees. And we haven't even gotten to releasing it to the many newswires. You don't simply fax it to them and they put it up for free. No, no, no.
Depending on the number of locations you want the news release to hit, it costs cash. They don't do it for free. Everytime the company attempts to "open it's mouth", there are a significant amount of rules that must be complied with and fees that have to be paid. The life of a public company.
Not excuses. Facts.
Perhaps this might help you understand the hoops that the Company has to go through as well as the time and costs involved. It adds up quickly.
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