Mainland, you make a good point: participants here have very little idea (besides speculation) about what's happening behind the scenes.
But I would also argue that some of what's behind the curtain is being pointlessly withheld.
Take the CTO as an illustration of my argument.
MSX last traded on September 10. It wasn't until November 22 that management even acknowledged the CTO to shareholders. Two months and twelve days to even tell investors what they already know. When Mr. Johnson does discuss the CTO in the monthly progress report, he incorrectly states that the CTO was from October. He offers no explanation for the failing, no update on efforts to resolve it, and no timeline on scheduled hearings or submissions.
Wha...?
What possible strategic reason could there be to keep this information "behind the scenes". It's PR suicide. It makes it seem like he has no plan. A simple, factual statement in early September would have preserved a lot of goodwill.
Unless Mr. Johnson is planning a sneak attack on regulators, I don't see why he should guard as "top secret" his plans to come into compliance.
While I accept your point that participants here are working on scant information, I have to lay some (or all) of the blame for that failing on MSX management.
