I haven't seen the release yet, but from your post the most important aspect I find is that Connacher management is keeping an open mind, reacting fluidly to the changing dynamics in the financial envrionment. They deserve a great deal of credit.

Have you guys seen the share prices of Ford and GM? sheesh

From everything I've read, Connacher has the best business strategy one could ask for. Pod 1 in action, Pod 2 financed, and the others to be funded from incoming cash flow. They're in the cat bird's seat.