Please let him know
He will get a full time job or even a double job in answering investor queries if they dont lift their game in communicating to investors. This is not a joke revising estimated timeframes without explaining, the market needs to be informed even with slippage. This is in the best interest of mgt. What are the new timeframe, is it march and april at the latest or its now May and June at the latest. They need to be honest and upfront. I will spare him a call for now as youve spoken with him and meeting with him this week. I'm also expecting you'll share us what youd gather in that meeting please.
Can you also ask Is it Catriona's first time to be CEO of a listed company. If so, is a consultant engaged to guide cr8 in managing investor relations.
I'm really hoping that with the track record of management, they will manage the finances better than the LBT nighmare. LBT sp was in 80cents to $1 for several weeks after FDA approval which indicated strong investor support but the directors sold shares and waited for SP to go down the gurgler before capital raising at 31 cents with a lot of free oppies. The sp has not recovered since.
Please reiterate we appreciate their hard work but they pay close attention in managing investor expectations and communications, and more so the register. They couldnt be raising when then SP is down 40% as it dilutes unnecessarily when there is strong investor support in the 9 cents.
Thanks sea blue. Just bought almost a chunk as i didnt want to miss the bargain courtesy of fellow flamingos.
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