GREY:CLLZF - Post by User
Comment by
watch4iton Mar 11, 2008 6:34pm
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Post# 14642827
RE: If you don''t like MANAGEMENT..Vote them out
RE: If you don''t like MANAGEMENT..Vote them outManagement was written a letter indicating the poor quality and frequency of Press releases. Thier arrogant response was they were doing just fine aand weren't goping to do any thing to improve. Just weeks later they released a NR on PDP in which the stock shot stright down and they had to right a retraction to clarify the ambiguity of the press release. By then the damage to the stock price was done...
This is not responsible management of a Publicly Trading company. To think that they have news worthy events that happen and they wish no coverage whatsoever. This implies arrogance and contempt for shareholders. My vote would be for replacing them as i have had these correspondences with management and feel they have not got the message. Share price affects the ability to raise money and draw investors intot he company for expansion. Even the market place is telling share holders that the managment should be replaced.
Either Managment gets their priorities staight or they should be sent packing.
MORE TIMELY PRESS RELEASES....
MORE FREQUENT PRESS RELEASES...
MORE ADVERTISING EXPOSURE TO MEDIA...
MORE ACCURATE FINANCIAL REPORTING AND ACCOUNTING...
BETTER PUBLIC IMAGE...
UNTIL THIS HAPPENS CLL AND PDP ARE GOING TO BE DRIVEN DOWN ON THE INVESTMENT ASPECTS...
MANAGMENT HAS COST SHAREHOLDERS LOTS OF MONEY IN THE LAST YEAR NEEDLESSLY. BETTER MEDIA COVERAGE AND IMAGE WOULD HAVE BEEN ABLE TO PROP THE PRICES OF BOTH COMPNAIES TO TARGET PRICES. INSTEAD THE NEGATIVE IMPRESSIONS OF MANAGEMENT HAVE DRIVEN SHARE PRICES DOWN......