Yes, they did.
Today’s CEO letter doesn’t address all problems at all. All this time after the stock has dropped more than 90%, they finally addressed the concern of shareholders’ frustration? They gotta be kidding me. Just another excuse to take the easy way out IMO.
“Finally, we understand and appreciate the support our Utopya phones have received from the shareholders and the markets. We also understand the frustration due to several missed, self-imposed deadlines.”