I don't know from a legal perspective what is best but with the stock halted, the only thing a PR could do is alleviate shareholders' concerns somewhat (not a bad thing) but it could also open a can of worms. Management has been under attack regardless of what they do, so why not play it safe and wait till you have solid evidence of a great company (if that is the case)?
I would love additional inforation from the company but, with the stock halted, it would just give the shorts more time to attempt to tear it apart, misinterpret it, etc.
Today is the best "news" we've had in some time as we know management is handling this differently than RINO did and I have my own theory about why Nasdaq may want to support CCME is they are legit. The current approach to shorting isn't helping Nasdaq or the exchanges and imo is hurting them and their relationship with investors. Just a theory.
