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Wednesday, April 03, 2019 1:02:11 PM
I am curious, do you think there is any chance that they (Rene and Mark) are open to a conference call with shareholders? And what is your honest sense of the real chances that they can be persuaded to hire a CEO-type to get them at least through the weeds? I assume they don't want to go down in flames, but pride can get in the way. The right kind of professional help would give us all a lot more confidence, if only until all the systems are working and the books are in order!
I believe I saw a tweet stating something about them engaging a company that specializes in shepherding companies through the transition into the NASDAQ. That sounds promising if it is something they follow-through with and are willing to really lean into. Otherwise, phrases like 'laser-focused on running the company' could be like what you get on the voice recorder on a Boeing 747 Max, a few days after the crash.
My sense is that this will not crash and burn, but remain a good investment over the long run, based on the idea that someone with a clear head will prevail and that eventually they will be bought out, as has been predicted by many with a lot more wisdom that I.
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