my musing on current status...I’m gonna muse for a minute here on my take of the UK deal and the company in general.
The UK deal didn’t disclose much. In fact, we know that there are about 4 times as many courtrooms in the UK, but only a portion of them were referenced. Any why disclose in pound sterling and not in your home country currency? Was this for a UK audience or non-Canadian audience? Also, what are the recurring, annual fees be generated from this deal? Again, consistent with VIQ’s minimal and lack of full disclosure.
And not say that they HAVE to say any more than this, but we lowly shareholders want more. Do any of you study human psychology? Have you applied it to the company’s management, especially David Othwaite? Well, here’s my take: when you actually ask him what’s going on, or how things look for the company, you get this almost smug, with grin look from him, as if to say, ”I’m not gonna tell you much, only what you need to know, but do we ever have our sh@#$ttt together here with so much good lined up”. In contrast, ever speak to or go to an AGM and when the CEO speaks or answers questions, you can feel it in his tone and body language – almost shrieking – knowing that there isn’t much good to say. You never get this with David, at least not in the past couple of years. He’s the opposite, speaking little but you just know he’s got some kind of confidence behind him that says the company is in great shape. Go to the next AGM (June, 2011?) and see what I mean.
Look, I too have my issues with the
financials and other, but there is something seriously confident behind all of this, so I have stayed in for the ride.
pm