You bring up an interesting phenomenon for sure. This situation may seem unusual yet it isn't. We've known for some time now that the legal dispute must resolve before CEO Burckhardt publicly leads the PUGE brigade. I'm absolutely positive this is the case. Legal issues involving corporate ownership must dominate for it is what spells any possible potential for unity. Our CEO needs to know what horses are positioned to drive the team. He has to know the mindset of each horse. Not all horses will work together.
Of course, we're addressing the share count, part of which is in the hands of some not necessarily rooting for our company. In business or in real life, what could possibly be more important than finding out who your friends are? Your enemies?
This period of silence is clearly disappointing to a portion of our committed shareholders, to be sure. Yet it is telling us something very important:
Our CEO is determined to resolve the issue at hand and is unwilling to chance risking said outcome by divulging critical information until cleared by counsel. When I worked in Investor Relations, this was precisely the sort of "blackout" restraint imposed upon me. So I view it as altogether commonplace for now.
Looking forward: We are in a quiet period for now. This will remain in place until there's been some sort of resolution forcing a lid on things available to us in the public sector.
In my opinion this stock is not really a trading vehicle right now because it isn't showing organic life. And, indeed, it must not flex muscle yet, certainly not until there's greater clarity. So when we cry and moan about losing a tiny fraction of a single cent, I keep in the front of my mind that we haven't begun to exist as a free-standing, stand-alone business entity poised to define itself as something yet to establish its focus.
I'm sitting and waiting like all others here. I'm hoping to help defuse nerves a bit as I want us to work as a team on at least some levels. And we can, have no doubt. But the call to arms will not be heard across the land of PUGE until we hear our CEO announce it. And then we hope to rid our nostrils of the stench of allegedly illegal shares held by the enemy, a stench attesting to the death of OLD PUGE shareholders in their last ditch effort to live off resources made possible only through our investments in the new company.
This is not a trading vehicle yet. But it is looking more and more like an investment. And I hope some here will agree with my views as presented herein.
