RE:RE:RE:RE:RE:what i learned todayI was thinking about something that was said on this bulletin board a little while back (was it Ironhorse?)...
Namely (to paraphase), that the money is going to have to come from the existing shareholder base.
That reminded me of the old saying that it is easier to retain an existing customer than it is to find a new one.
It is only natural, then, that the company would seek to promote the company to the existing shareholder base -- individuals who have already demonstrated a willingness to buy shares.
That is why the failure to plan for ongoing conference calls is so disappointment and, in my opinion, a big mistake.
What is the big deal in holding a periodic conference call and trying to retain the goodwill of existing shareholders. In very short order, you should be able to also clear up any confusion regarding the current state of affairs.
I think anything else just contributes to the murkiness and creates a disincentive to adding to one's share position.
You can't take one hour every quarter or two times a year, say, and talk to the shareholders? Really?