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Sunday, March 20, 2005 3:22:05 PM
I can see where Fayiz may not want to divulge too much, but I guess the question then is, when will he divulge it. I know he says he wants to move off the Pink's later this year, but what's to prevent him from delaying that as well if things don't get done.
Undergoing a complete audit is not an easy thing, once done it should be made public and maintained. If Fayiz lives up to his commitment to work to get off the Pinks this year, he'll need to file with the SEC by early fall, allowing them time to review and ask questions. If that's the case, and if the Annual Meeting this year is about the same time it was held last year, he should be willing to announce his intentions more precisely by then. I'm spending a few days in Vegas this week, but I hope to go there for the Annual Meeting as well if he goes there again this year. If he'd consider another place in Nevada, I clearly love Tahoe.
Gary
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