Actionable news
All posts from Actionable news

Professional Diversity Network, Inc. Announces Enhanced Communications Strategy

CHICAGO, July 26, 2017 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN) ("PDN" or the "Company"), a global developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced the launch of a comprehensive corporate communications strategy to improve both shareholder transparency and accountability. HIGHLIGHTS

  • Enhanced Tools to Make Useful Information Available to Investors
  • Clear, Consistent and More Frequent Messaging About U.S. and China Operations
  • Increased Transparency from Management and Accountability to Shareholders

PDN believes that several factors have combined to impede the performance of its common stock price, preventing it from better reflecting the Company's growth potential. Among other things, PDN believes that its common stock performance has been the result of a lack of consistent, readily-understood communications to investors, coupled more recently with investors' general reluctance to invest in Chinese-led companies or companies with extensive Chinese business lines. To address these issues, the Company has recently undertaken a comprehensive review of its common stock performance vis a vis internal and market factors as well as its previous corporate communication strategies in order to identify opportunities for improvement. As a result, the Company has recently:

  • Retained a new investor relations representative to help coordinate communications
  • Begun crafting new corporate presentations
  • Launched a new corporate website, available at
  • Initiated the build-out of an enhanced investor relations portal
  • Planned upcoming investor conference calls and shareholder updates
  • Calendared attendance and/or representation at selected investor conferences

"Our mission," said Jim Kirsch, PDN Executive Co-Chair, "is not only to perform at a high level of operational excellence, but to make sure that investors have the information necessary to make the informed choice to...