This something you would never hear on the big boards - as shareholders would be outraged and demand the CEO resign.
"Miguel will start this machine when he is ready."
That is a ridiculous statement as Sanchez has abandoned his fiduciary responsibilities to shareholders. Sanchez is a absolute failure as a CEO of a PubCo.
Sanchez has been in control of AVVH since April 26, 2021 - so he has been in control for 2 years and hasn't accomplished anything!
The Coup de grace was when a shareholder had to loan the company $3300 for operations. What happened to all of Sanchez's billionaire friends - and Sanchez was supposed to be a millionaire.