I suspected this was in the works for a while now.
When the house cleaning started...that meant, inevitably this was coming. I wasn't sure how long it would take...but the internal investigation would ultimately end at the top. Regardless of any questionable financing deals or whatever....LIHT was going to need a more experienced CEO and upper management team. The time has come to move forward and upward.
This puts LIHT in the clean house state now...which should be better for the stock.
I'm not sure what the temporary withdrawal means...but moving forward is the direction to maintain.
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