I believe it was part of the negotiation process with both the Venture Capital company and the legacy note holders, that all was to be kept confidential until all the negotiations were completed, therefore the necessity to gag the TA, and not inform the shareholders until it was a done deal. I don't have a problem with that, and consider it to be normal business practice.
Correct me if I'm wrong, but I thought Jim indicated in the last webcast that he believed that the legacy note holders had more than likely unloaded their shares prior to that time.
As for financials, I really don't expect to get any concrete news on this issue until after the end of the financial year. All I am expecting is news of new contracts with perhaps an indication of the impact they will have on the company's financial position, and news regarding the launch of the Ascend products.
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