Friday, October 16, 2015 1:03:29 PM
I am pleased to provide this update. As previously reported, we’ve been executing our plans to improve our balance sheet and capital structure to meet the anticipated financial and other requirements of potential new investors, joint venture partners, licensors and acquisition targets.
This remains an exciting and dynamic time for us. Our first objective is to build shareholder value, and to do so in ways that are accretive to all of our collective share holdings. Your interests are important to us. However, they are also important and transparent to prospective new shareholders – especially, for example, acquisition targets and their various stakeholders during due diligence and negotiations. We believe that consistent shareholder communication is important, however, restraint for limited durations may be required or appropriate from time to time as we respond to opportunities to build value. We appreciate your continued patience and discretion as we do so
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