Thursday, February 5, 2015

You are a Vasseti Zavarco shareholder you have rights.......

It's important to grasp that as a shareholder you have an irrevocable right to current accurate information and news from a public floated company that you are investing in or intend on investing in. This is a fact....

Let's start with their main website, Vasseti.co.uk.

I will break my website review up into daily blog posts to allow readers to digest all the information I post on a day by day basis.

Starting with the main home page, you are greeted with the groups themed colour, ubiquitous orange. Nearly all their associated companies of the Vasseti group have orange as their themed colour, except Zavarco the new name for Vasseti which has dropped any link to colour orange completely. What's the reason ?

The Vasseti site feels and appears as if it has been completely abandoned, the site is completely out of date and last year's 2014 AGM awareness banner still dresses the top right corner of the home page..... Professional ??

Personally, my biggest issue here resides with the fact that the website homepage mentions nothing of the name change to Zavarco neither does it offer any links to the new site or any automated diversion taking you to the new Zavarco website.... Why ?

You would think that a company floated on the Frankfurt stock exchange and making claims to becoming a leading telecommunications provider from Singapore to Calcutta would be diligent and precise in updating their news feed so that the public and their long suffering loyal shareholders can make informed positive decisions on whether or not to buy, hold or sell their stock. Not the case, their last news feed update which is presented to us in the most illegible of formats, shows us that the last press release was issued on the 13th of May 2013 !!!

Continuing with their last press release it states that they are "poised" to deliver the "VSAN" network up to and including  Kunming in China by the end of the 2013....!!

What happened ?
Is it finished ?
Have they given up ?
What's going on ?
WHERE ARE THE UPDATES ?????

Summary:
What an absolutely atrocious start to any public company's website and it really does in my opinion demonstrate their despicable lack of care and attention to their shareholders who grasp for information and hope that "all is okay" as they are presented with this sorry excuse for a website.

Vasseti / Zavarco has a duty of care to its shareholders, employees and the public to provide accurate and current information.

What do you think ?

Please share.
RR.