Aware of the issue being a "topic of conversation" ... putting a spotlight on the most recent words of 2 days ago.
BTW ... just saying ... careful with your choice of phrase. Making an allegation of securities fraud (the untruthful collaboration between board members aspect of your post) can land folks in hot water.
You are absolutely right that neither outcome is ideal for investors. A PR position will only obfuscate this more - but what it would do is likely stop mgmt from making promises to the market they cannot keep, and my example here is this "Guy".
What he said in the interview in March is a part of the public record. It was not "I expect that we'll sign an OTA in the coming month" but "I'm confident that we'll be able to announce agreements in the upcoming month".
A reasonble investor (the ASIC test) would takeway from that statement 1. There is more than 1 OTA coming 2. OTAs are coming in April 3. The "Guy" at the top is confident ... OK that's subjective and some might say that the whole statement is then "qualified" by this subjectivity.
Now when this "Guy" says something, with or without the "confidence" qualification, what should you as an investor takeway. It's clear what some do - they herald and retweet the "good news" (an it aint the gospel). This goes to the heart of the problem which in my opinion is one that is 100% the making of SYA itself (not PLL) and that is the market hates uncertainty and when statements of what the company is going to do short term are shown to be unreliable and yet are restated week after week ... not good for stock price. It's that simple. This - the OTA - is but one example.
It is what it is.
SYA Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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