Before I make my statements, would like to say that I am LONG and not Short. Don't get me wrong, if you're short that's not a bad thing, you just have a different perspective than I do. I am long because I believe in their products and the potential of their products. What I don't believe in is their communication strategy. Their communication strategy is extremely poor.
The problem with the seeking alpha article is that we have to find out basic information from them rather than Unilife themselves. Stephen Allan (son of Alan Shortall, as we now find out) has done a very poor job in communicating to the market. The company is one of their most critical stages they've ever been in, they've gone on record as calling this the "Hyper growth phase", and for the whole quarter we hear nothing. We should be hearing positive news directly from them weekly if they're truly "Hyper Growth".
I hope someone asks Alan in the next call, what his definition of "Hyper Growth" is.
I agree with Stephen not wanting to disclose customer information, as that's sensitive information that can impact their customers, but at least tell us something to build the confidence and guide us through your hyper-growth story.
All we get is a seeking Alpha article. This guy Stephen Allan is the VP of Marketing & Communications. Since they don't communicate, all he does is marketing, the only marketing I saw was a cheaply rebuilt website. I think Alan should hire someone who understands marketing & communications instead of what appears to be giving a hand out to his son, who lacks industry experience as his first job from Journalism in University seems to be VP of Marketing & Communications for Unilife.
Add to My Watchlist
What is My Watchlist?