They may be feeling the heat for the Canadian shell, but at the end of the day they will likely just counter any criticism by observing that they did it in an open and transparent manner which is all a matter of public record. And as Krom so frequently notes, they are slow to issue the PRs through the Company until all the "i"s are dotted and the "t"s are crossed and everything is essentially a done deal. And from what I can see, until they figure out precisely just what they are going to do there is really nothing material to issue a release for. Keep this in mind, they did not hide it (the shell) as others might (for a high profile case, think Enron and Jeffrey Skilling, who went to prison for his special purpose entities and other sleight of hand accounting tricks/schemes) by putting the Enron special purpose entities in the name of their wives or cousins or best friends or whomever. These guys used their own names and contact information and as I mentioned - it DID become a matter of public record.
And as far as us even being able to talk about it like this, all I can say is it is a real credit to King that he did his DD and that he was able to share it with all of us so we are not completely in the dark.
