I recently discovered that some information about our current financial difficulties has been disclosed, as many executives have started all of a sudden to sell their shares. You imagine how confused I was because this was purely confidential information nobody but me should know.
We are facing a very preoccupying situation. Not only because that could worsen our effective financial difficulties, but also for the confidence of our shareholders, and obviously of our employees. Moreover, they should not worry.
I admit that our financial situation is not all rosy. But it is part of a normal business plan: when starting the modernization project of our firm (as agreed by our shareholders), and investing large sums of money in it, we assumed a loan was necessary. We were aware that it was an ambitious project, and that it would weaken our balance sheet. We accepted it, and all the long-term consequences that come along.
[...] I will explain our financial records in detail and show them that they are maintained in a way that enables us to trade on. I should ensure that they clearly understand the company is not becoming insolvent. The highly indebted situation we are going trough should be over in a few months, as long as we stay focused on sales. Sales are our main source of profit, our only solution to avoid business liquidation. All the employees must keep on achieving their objectives. [...]
[...] Business Letter: Explain financial difficulties and justify future projects' investments Dear John, I recently discovered that some information about our current financial difficulties has been disclosed, as many executives have started all of a sudden to sell their shares. You imagine how confused I was because this was purely confidential information nobody but me should know. We are facing a very preoccupying situation. Not only because that could worsen our effective financial difficulties, but also for the confidence of our shareholders, and obviously of our employees. [...]
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