the economic enviroment is so horrible that maybe the CEO just has to hold off on the announcement till all is signed off. This CEO update leads me to conclude that TOVC is assigning a very high probablity of getting a deal(s) done within 60days and that they also felt it imperative to communicate with investors. People are getting margin calls and rushing to raise cash in this market. I am sure they don t want long time shareholders to sell and then they make a big annoucement. Maybe TOVC fears they may have liability issues with shareholders who sell and come back and say why the hell didn t you tell us you were this close to these deals??...maybe thats why they put out this type of update? only they know the full scoop. BTW...are you related to RED HERRING ?