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Re: hankmanhub post# 497150

Friday, 07/22/2022 10:38:32 AM

Friday, July 22, 2022 10:38:32 AM

Post# of 709407
I also believe that management is concerned that within their strong base of longs, there are enough doubts caused by their silence (that is well beyond the embargoed results of the PIII), that they are very reluctant to face an ASM until that gets resolved. They need to get an AS resolution but are concerned they may lose that vote. They are putting off the ASM until they can resolve these issues. Clearly this logic only works short term as they can not put off the ASM indefinitely. So they must KNOW that this will be resolved in the near term by the required facts all falling into place - they just need to put off the ASM short term until this happens. But putting off the ASM and then later being forced to call it at some later time without resolving these issues is pointless and counter productive. They may as well face the music now and hope they survive the ASM.
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