Friday, January 25, 2008

Some simple proposals

A shareholder posting under the alias "threespeech" posted a series of requests of REFR management to help shore up its flagging credibility. This blog wholeheartedly endorses the notion that implementing any one of these suggestions would provide a major reputation boost, and as such hereby repeats the requests unedited:
Someone in this company needs to take charge and here is how:

1) That person needs to call an open uncensored conference call to stand up and face all challenges. To address the issues that are presented on the table. And that conference should not end until all questions are answered. I want someone to look me in the eyes and tell me the truth.
2) I want someone that instead of letting the production licensees dictate what they are going to do, stand up and challenge those licensees to achieve what they set out to do, to inspire those people to produce a new technology that may not only improve the energy problem in some small way but also inspire the people that are depending on them, the shareholders.
3) I want someone that will say, "yeah, we screwed up and this is how we are going to fix it." What I don't want, sorry to all the lawyers out there, is someone that is trying to figure out a way around discussing the problem by blaming someone or something else. Hell, if we all took responsibility for our actions not many lawyers would be needed.
4) This person will also need to take five volunteers, I don't care if four of them are shorts as long as I get to go, and tour Hitachi, DIC and Isoclima's production facilities, as well as AGP's, Laminated Technologies and Craftsman's facilities. Asking a lot here? Damn right, this company has a lot of proving to do themselves for all the delays and miscalculations over the years.
5) And finally for now, from all the production and installation talk filtering out from RFI, public reports of revenues from royalties, not the artificial license fees.