“Events and decisions”
Like everyone else on the board, I’m putting 2 and 2 together and trying to get 4.
We have the following:
1. Scheduling a conference call.
2. Then cancelling it.
3. Plus Kevin’s comments elicited by pegasus1 in post #10010: “It was very unfortunate for the shareholders and EGC management both that we had to postpone our previously scheduled conference call set for today. We were hopeful that certain events and decisions would have been completed before today.”
I woke up on Sunday with my mind telling me that there really must be something important going on – whether positive or negative, whether a buyout or something else – because otherwise these actions make no sense.
Why would they have scheduled a conference call in the first place when all we really needed was a PR addressing a few issues? Then cancelling it while investors are beside themselves with frustration, and then this comment about waiting on some events and decisions.
Initially I thought Kevin’s comment was referring to the CFO and Board members, but it doesn’t make sense to cancel such an eagerly-awaited call for those things. I suppose it could be a decision relating to Poken, but why put investors through the mill over that? They would only need to say, “We’re working on the best arrangements” and go on to other subjects. Similar for ChinaLot.
So it seems (to me) that there is nothing that we know anything about that would explain the actions we’ve seen.
