Some communication from Lolot Manigsaca TVI- CFO Thank you for your email and for sharing your concerns regarding TVI's current investor relations and market positioning. I understand your frustrations, particularly with the lack of communication and the disconnect between our financial performance and the trading valuation of our shares.
As you rightly pointed out, ensuring better investor engagement and confidence is crucial. However, before we embark on activities to bolster market perception and attract new investor interest, we must prioritize stabilizing and strengthening our internal operations. This means focusing on the following key objectives:
1. Achieving Sustainable and Profitable Operations
Our primary focus is to ensure that our operations are not only stable but also consistently profitable. This will provide the foundation for a stronger narrative to present to the market.
2. Addressing Legacy Liabilities
It is imperative that we resolve the significant outstanding liabilities inherited from TVIP when we took over. These issues, if left unaddressed, could undermine any efforts to attract investor confidence.
3. Reducing Burn Rate
Managing our expenses and improving operational efficiency remain critical to long-term sustainability. This will ensure that we are well-positioned to demonstrate financial discipline and resilience to the investment community.
In summary, while we recognize the importance of regular and transparent communication with our investors, our immediate priority is to "get our house in order." This approach will allow us to build a credible and compelling case for investors, underpinned by operational and financial stability.