No, no no. I assume you are interpreting McGann's comments in the quarterly conference call, but you are interpreting incorrectly. He said "we're talking to five or six" people. He did not say Implant or he were negotiating with five or six companies. Talking is very different from negotiating. I think he made that comment on the first Q conference call (correct me if I'm wrong), but he never mentioned numbers after it. In fact he made a point to avoid talking about details of the "strategic initiative" in subsequent conference calls.
Another mistake people on the board make relates to the "victory lap." Most of the board interpreted that as meaning we were in the clear with a big pay day ahead. I have the conference call transcript in front of me, and "victory lap" was related to him thanking his team for getting production up to a high level due to their work. Here's the quote: "But I really do want to be brief today and open up for questions, but again sort of as a last (indiscernable) of victory lap, I want to personally thank my team..." It's the usual CEO "I couldn't have done it without my employees..." Nothing significant needs to be read into it. CEO Talk.
