RamSpace, if you can contact him again next week and tell him that the shareholders are still not happy and that we have waited for an update for 7 years now and we deserve one soon.
He needs to have a plan for us. Discuss a plan for shareholders that he needs to implement and follow up with.
Again, focus on the long wait we have endured and how we deserve an update soon.
See how he reacts to that idea, then we can make a decision regarding the law suit.
Thank you for your efforts.
I hope you and your friends make a nice profit from this long waited investment.