Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness and slimming equipment, announced this morning that in response to the results received from a recently conducted 1st Quarterly Shareholder Perception Study, the company is preparing to make adjustments in line with shareholder request.
“We are pleased with the shareholders participation in our First Quarterly Perception Study,” commented Dr. Frenkel, President & CEO. “I want to let those who took the time to speak to us know that their sentiments have not fallen upon deaf ears. We intend to, when and wherever possible, institute new actions and objectives to satisfy the needs of our investors.”
Mostly due to expense, perception studies are generally a practice of the big board companies; however, SE Concepts believed it was important to gauge their investor’s perceptions toward specific matters. With the first SMEV Shareholder Conference Call of 2011 planned for March 10th, SE Concepts has found that shareholder interests range from reducing authorized shares to becoming fully reporting; all items likely to be addressed on the upcoming call.
According to the press release, two items of the survey results stood out. The first was that 85% of the participants identified themselves as long term shareholders. Second, there seemed to be an overwhelming request for financial projections to accompany investor kit information.
Dr. Frenkel added, “Therefore, we will make preparations to include this information. Considering the tremendous and multifaceted global opportunities ahead, even on a conservative basis, our outlook is healthy and very exciting. There is no reason not to offer this prior to audit process.”
SE Concepts intends to continue offering the perception study on a quarterly basis if and as needed, with questions reflective of the company’s filing status, exchange, market position and growth achievement.
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