OTCPK:TOUBF - Post by User
Comment by
Preteriston Jul 06, 2011 7:56am
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Post# 18799793
RE: analyst tour
RE: analyst tour"I received notice from company IR that tour has been postponed as aresult of conversations with analyst community that are precluded fromcommenting until Investigation is completed.Priority is to run businessand help facilitate investigation.Lots of lawyering going on! I am notsurprised by this, as it would not have allowed for broad disseminationof information and some investors would have had an advantage."
You may have received notice from IR on this but please explain to me why these same folks have said that "many analysts have been contacted" and that the "tour is in its final planning stages."
It is a given that initial conversations with these analysts would have revealed that there is no use in having the tour because of suspended coverage. Sino knew about the suspended coverage (or at least I hope so!!) before contacting the analysts and stating how it was in the "final planning stages."
A new PR and IR is mandatory at this point!
Please write to Sino officials and demand an explanation be made as to the exact reasoning for the postponement and have them update the website.
The media is going to have a field day with this Postponement.