Posted by: slazenger7 Date: Saturday, December 13, 2008 5:54:57 PM In reply to: None Post # of 31436
Just received this email from CEO Cris Galo in response to my email imploring him to release some news updates as to the plans the company has to remedy the problems caused by the loss of buyout deal:
Dear xxxxx,
We are working this entire weekend on ways to resolve the massive loss of the company's market capitlization and expect to have a plan in place to stem and reverse the results of last weeks trading. The company is looking at every remedy with its attorneys and advisors and expect a plan to be announced next week.