re: Ann: World's First Iridium 9555 RJ11 ... GaryAt differing...

re: Ann: World's First Iridium 9555 RJ11 ... Gary

At differing times decisions must be made for varying reasons.

I myself have sold down my holding (at considerable loss)in recent weeks, this has been allowed due to the volume that has entered the stock.

The company is now making inroads...

I have a read a number of comments re the company paying too much to certain management positions; whilst on the surface I agree, these comments neglect to take in to consideration the skill and fortitude of the person required to move this company forward ... irrespective of the sales/turnover of the company would a person at half the cost deliver the same result over the past 3 years ... we will never know).

As with all key personnel positions, there is a certain fixed portion of salary along with variable cost, it is unlikely that as shareholders that we would be privy to the variable cost component certain management positions (nor would you expect o be) contain. As with all companies without this the figures we are left wondering, in larger companies this is not questioned, it is the (3 member) board (including the MD) we entrust these decisions...

I am of the sneaking suspicion that without the current MD the company would indeed be in dire straits.

As with any company at the current market cap I would not be surprised to see that companies share price double in the blink of any eye nor half.
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After all this time I yet to depict the companies fixed cost V variable costs (nor would I expect too), this would further enable the shareholders (and customers) to equate what portion of sales flow through to the bottom line ... this would also entail customers the ability to depict certain profit margins.

Quite simply we must know at what level of sale the fixed costs are covered ... yet, in the commercial world we operate in this would be suicidal; identifying to your customers your GPM (gross profit margins). IF THE COMPANY WAS GENERATING SUFFICIENT GROSS REVENUE AND NET PROFIT THE


Cheers

Clever1