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  1. 1,868 Posts.
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    Hi cmk,

    That's twice in the past week one of your posts has really irked me, because your analysis is so satisfactory in making me entirely dissatisfied with what we have been told by company management about Beauty Connect. You highlight the tid bits of information they've provided us, more information they've provided to third parties, and inconsistencies they continue to generate, all culminating in the latest illumination I received from Glyn yesterday with his words to the effect "we'll just have to wait and see...". I agree that all of this is totally sloppy and unsatisfactory. The veil of confidentiality doesn't really carry much weight when, looking back, we realise that management seems to pick and choose and change their mind about the extent to which they reveal commercialisation progress of any particular technology to shareholders. The photo from the newspaper (taken from inside the lab) which you posted yesterday is yet another example of how one set of rules seems to apply to the shareholders, and another set applies to management. There is simply no transparency, not even about why some information is communicated and why other information isn't. Whatever the strengths in their technological know how, and progress towards commercial success (note: we really don't know still), corporate governance issues with particular reference to shareholder relations need to be rapidly and drastically improved.

    J
 
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