Trend Exploration Inc (TRDX)

[silvermintz]

Like I said before, trying to micromanage a transaction without having the level of insight necessary to do so can become counterproductive. One wrong assumption can lead to a bunch of other wrong assumptions and can take expectations in the wrong direction, as has happened here.

We don't have enough information to know what the priorities should be of the involved parties. Not being aware of the CFIUS review until recently should be a lesson learned of that. The review is a normal part of the RM process for this particular transaction, yet a bunch of unnecessary doom and gloom was manufactured by this board simply due to lack of awareness of that.

If it takes another month or so for everything to be completed, so be it. This is a passive investment and I have enough information at this point to be comfortable treating it as such.