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MobileMadMan

05/29/12 4:58 PM

#14523 RE: carboncopy #14522

Hey C.C.! I got a great idea...

You or Jeff can use the RedFin "Investor Relations" page on YOUR own website to give us details like you just did. With almost NO news this entire year, it is very hard to keep a head in this ball game, but my only "hook" is the fact that Goldie has so much stock and as long as he doesn't start to sell, I WILL HOLD!

Also, I recieved emails or phone conversations over the past almost 4 years with a promise of a shareholder letter, "state of the business", investor lunches, etc. and never seen one yet. Could you please at least keep your shareholders informed? Most of the info on your Investor page are out of date or blank!

If we can go somewhere to see what's up, rather than trying to decipher the 10-Q/K's it would be nice and would not cost you one cent!

Remember, no matter how much we b*tch, we are still YOUR shareholders and should be treated as if you do want us to stick around.

These boards are places for us (shareholders) to get excited about a stock or b*tch about it if things are not going so good. We should NEVER threaten anyone and I don't think that was anyone's real motive - probably just frustration. Using your website would be unbiased and a better place to post information for shareholders.

Just a thought.

Thanks and keep up the good work. Although behind schedule, cash-flow-positive could be achieved either by the end of this year or beginning of next, eh?

;o)
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Homeland

05/29/12 5:07 PM

#14524 RE: carboncopy #14522

Yes, it does. I forgot about the SEC filing and legal fees.

Silly me. That being said though, I'm sure that everyone on this board benefited from the post you just made regarding the costs of a pess release. I wouldn't be surprised to see a few friendly posts to you, based on the tone of today's recent interchange.

While it doesn't make sense to me, particularly in view of the boatload of press releases from firms in much worse shape than RFNN, I'll have to defer on that point.

In keeping with the spirit of the conversation, I think that IR is an important, if necessary evil, expense of a public firm.

It's true I don't know the ins and outs of running a public firm. However in my own business experience, news blasts, used sparingly, have served me well in the past. Of course the press coverage was not picked up by MarketWatch or Dow Jones, but then again, that wasn't my target either. Marketing and publicity is a cost of most businesses, even private ones.

Let's all hope that RFNN can afford to make a monthly or so IR release, so the stock price will stabilize (higher) and some new investors learn about the firm.

Again, very impressive and much preferred to have a nice and even toned conversation.