Act Updated
in response to
by
posted on
Aug 08, 2008 10:23AM
We make wireless work.
So 2 more out of the way. So we look at it 2 ways.
1 There is more competition in the market and we're falling behind or
2 There are 2 more approvals out of the way and we move up the list.
I spoke with IR this week at Act and asked where we stand on the final iteration. I wanted to know if we had submitted to MSHA and were we awaiting their response or are we still finalizing our last submission before sending it to MSHA. I received no response even though I believe this is not market moving or insider trading. I think as investors, we deserve the right to know where we stand on this issue and maybe more calls are needed to push for answers. I asked if they would put out a news release if they had done their final submission and he replied it would come under discussion.
I also inquired about IOC buying Rajant and not Act and again he was not informed of the situation. He did call me back on this issue and said it was above ground so they obviously hadn't put in a quote.