I usually try to play devil's advocate when reading statement, looking for loopholes and, for lack of a better term, "conspiracies." Since its release, I have read the 8-K over and over.
Am I disappointed the 10-K will be late? Yes. Do I understand? Much more so than before. I like when we receive answers. This helps resolve speculation and rumor.
We all want to be a viable part of a winning situation. New management wants the same. I believe they are as anxious as the rest of us when it comes to AE. When it does begin to trade, the benefits to all involved exponentially increases.
Toxic debt? Do the math. We know a ton of it has been resolved. Although it wasn't clearly stated, it seems to me the creditor may be as difficult as was speculated yesterday.
Overall, color me impressed.
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