QUESTION:
1) IS THE Q2 REPORT ON TIME BY AUGUST 15TH? AND DO YOU PLAN TO HAVE A CC ALONG WITH IT? 2)WHAT IS THE STATUS OF INVESTOR AWARENESS??
ANSWER:
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Yes, the Q2 Report will be filed on time by August 15th. We are starting to make progress in being ready a bit earlier than in the past, but are still being careful with internal verifications of as much as possible. I see no reason for it to be late. As a practical matter, the traditional moderated cc (conference call) is an expensive proposition. Some shareholders may be surprised to learn that they can easily exceed a thousand dollars – and go much higher depending upon the number of lines available. Without professional moderation, the conference calls are problematic because of callers being heard in the background, clicks with arriving/departing callers, etc. The earlier format of conference call with its arbitrarily selected number of participants is becoming somewhat obsolete. Implementation of the CEO Weblog provides responsiveness to questions at any time, not merely by schedule. The answers are immediately available. The written record increases accuracy and the simplicity of referring to the CEO Weblog at any time 24/7 provides a level playing field to all shareholders. The traditional cc does not offer anything important that cannot be accomplished here – it costs a lot to do less.
On the subject of investor awareness – we continue to receive proposals, and are keen to find out what the standing is of such firms with the SEC and other regulators, as it is vital that we protect our good reputation with all credible authorities as a responsible operation.
