"Let down" is one way to put it. A victim of circumstances might be another.
Our government 'let us down' when they allowed the mortgage industry collapse. The turn of the economy let MANY of us down, which had it's trickling effect on CTGI along with many others.
Unforeseen lawsuits have also been in part to blame. The passing of the our CEO didn't help matters, either.
Though I can't give any more detail or direction of CTGI/LTC right now, my best/educated guess is that current mngmt. is doing everything possible to move CTGI to the next level, since mngmt. has themselves a most considerably stake here, looking to be capitalized on.
While of little consolation, whoever this new 'group' is, executing an 'all-encompassing' contract with them can certainly not be easy. No doubt, they're seeking to drive a hard bargain at the same time CTGI mngmt. is seeking to do the same.
I'm sure that once all negotiatons are made, we'll have a mini multi-bagger here, upon announcement.
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