Re: Mr. Paradis' Smoke Screen
in response to
by
posted on
Jul 29, 2016 06:45PM
SanFran,
I interpreted the response from Clayton Paradis in a more positive light. First of all, he responded to Kelsee and I within about an hour of sending the initial email a little after 5 PM EST. Second, he didn't brush us off. He only indicated that replying to a select few individuals over email with material information is not allowed and instead any material information released would be disseminated via a public communication. I will re-copy Clayton's statement:
"To the extent the company has a material development, the company will update all stakeholders with a broadly disseminated news release.
I would point out that many of the noted concerns below would be considered “material” information by the securities regulators and therefore we cannot comment on them here.
To the extent the company is able at the time, we will do our best to address these concerns in future public communications."
At the end of our letter, we asked "...we would appreciate having [our concerns] addressed in upcoming webcasts, news releases, blog updates, quarterlies, or any other form of media you choose to go with. "