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RIFCO understands that Shareholders are the owners of the
Company. They deserve to be treated as such. RIFCO's philosophy regarding
Shareholder Value has 6 parts:
Transparency
- Shareholders have the right to clearly understand the financial position of
the company, its progress to date, and the strategic plan for the future. To
these ends, RIFCO will strive for plain language, common sense, and appropriate
detail in shareholder communications. RIFCO believes there can be no governance
without transparency.
Earnings Growth
- Shareholders expect long term, sustainable growth. To these ends, RIFCO will
plan or operate on reasonable business planning timeframes and will not make
decisions that sacrifice the long term health of the Company in order to meet
short term expectations. RIFCO will demonstrate the validity of its business
model as operations are scaled up.
Dilution
- Shareholders expect that additional shares of the Company be issued only as
needed to appropriately finance the growth of the Company. To this end, RIFCO
will not indiscriminately offer shares below reasonable price levels. It is
intended that senior and subordinated debt will be obtained unless an equity
offering is in the best interest of current shareholders.
Investment
- Shareholders expect their capital to be invested wisely and
for RIFCO's management to work hard to create a sound and profitable business
for their benefit. To this end, RIFCO will expand at a rate where credit quality
is preserved, margins are maintained, and expenses are managed. RIFCO is
committed to "lend it... don't spend it".
Humility
- Shareholders expect performance and consistency. To this end, RIFCO will
implement its business model with knowledge that economic situations change, and
business cycles are not static. In short, RIFCO operates knowing there will be
"ups and downs".
Share Price
- Shareholders expect reasonable share price appreciation in the value of the
Company's stock. To this end, RIFCO will continue to seek appropriate
opportunities to share our Company's exciting story with the investment
community. However, RIFCO is committed to the most important investor relations
tool... profitability.
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