A D DR E S S TO

R A D IO C A B C O.
B OA R D O F D I R E C TO RS

RADIO CAB 98D

Christopher Harley
christopherharley@gmail.com

F O R IM M ED IATE R E L EA S E TO S HA RE H OLDE RS

Tuesday, Februar y 16, 2016

U N R E C O R D E D A N D U N R E G U L AT E D AC C E S S TO M A N AG E M E N T

The unrecorded and unregulated access to Radio Cab Company (RCC) management by
shareholders for the purpose of discussing profit results and projections as they relate to the
performance of personal investment portfolios has reached a point where it has become necessary
to consider creating clear boundaries that strive to reinforce a culture of corporate accountability
that both restricts unlimited access while still guaranteeing formal business discussions in a manner
that gives equal access to all shareholders.
There are many shareholders who feel that they are not given equal access to RCC management
nor do they feel their meetings yield the same type of in-depth analysis of where their investment
stands relative to its current and future performance. Many shareholders claim that they are not
receiving email or voicemail replies when they present questions to the general manager or the
superintendents.
The absence of direct contact information by way of email on the companys website may be
adding to the awkward and informal face-to-face meetings that many shareholders have to endure
when attempting to conduct business in the presence of other shareholders, employees, or
contract drivers when visiting the superintendents office.
For the sake of practicality and professionalism, again lending itself to more transparency and
accountability, it may be advantageous for RCC to establish standard operating procedures that call
for a method of record keeping that tracks why particular individuals need repeated access to
RCC management to discuss their investment(s). Repeated visits may indicate inefficiencies that are
continually discussed in hopes of trying to determine successful strategies to help mitigate those
inefficiencies or they may indicate an increased degree of proficiency with regard to return on
lease revenue that a particular investor is experiencing that can then be shared with other
investors. If the record of that meeting then details new strategies or successful resolutions
reached during that meeting, then all shareholders can benefit from that knowledge collectively
shared.
Regardless of what the outcome of these meetings are, it is important to make sure that when
RCC management discusses general procedures for future investment success across the
enterprise, all investors feel as though they are given both equal access to management and to the
strategies that empower management to reach for greater success.