Octocorp CEO Frank Octus appeared before the press yesterday to roll out a new strategy to reclaim the company's reputation following the incidents of the December Flux. "We intend to re-up our commitment to customer service. That's step number one." Octus also discussed the companies plan to invest heavily in green technology, laying out a framework by which the company would achieve optimal environmental efficiency within two years.
All in all, shareholders seemed reinvigorated by Octus' remarks, and the markets opened with Octocorp 10 points up--it's largest single-day jump in almost eight years. But, the company still has a long way to go to fix its tarnished reputation. The company is expected to continue to see losses for at least the remainder of the quarter.
One item not present in Octus' plan was the mysterious "Vegas Project" about which market analysts have been speculating for months. According to a source with ties to the project, Mr. Octus has been taking regular meetings with representatives of the Gaspagio Dynamics ltd., the powerhouse behind eight casinos on the Vegas strip as well as five star hotels in London, New York, and Los Angeles. Is it possible that Frank Octus is getting into the casino game? Insiders remain tight-lipped regarding any details. Gaspagio Dynamics could not be reached for comment.
We will report back with more information as it becomes available.
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