I'm OK with waiting, and with the lack of NR. The thing that bugs me is that past NRs have repeatedly laid out a specific timetable for when we should expect the next big NR, and then it doesn't happen. If they want to wait until september to tell me about completion and results, that's fine, but then don't tell me 4-6 weeks. If they want to hole JB2 resutsl for a full year, that's fine too, but don't tell me it's going to be in February. I'm with Calgarian on the general scheme of things, i.e. that the info we have is a roadmap to a big win here. It's just that I'd rather not be jerked around by tease e-mails that say something is going to happen and exactly when it's going to happen but then it doesn't happen. That is poor PR -- and maybe that's why Marc Davis is gone. It's also poor investor relations, which could be a Larry Myles problem. I have to say I don't love getting Larry's e-mails pumping other stocks he's got a stake in when he won't tell me what the hell's going on with MEO. I'm down about 50 percent currently on my MEO investment, so why the hell would I take the word of an MEO insider on some other company?

If Davis was the problem, then the next NR we get should be much better than the previous ones. I think Myles is hands-down a problem, because I don't see any investors who are pleased with the relationship. A lot of us still believe in the investment, but I don't think anyone is thrilled with the way we're being managed as shareholdes.

Most important, none of this excuses Cawker, because this company is small enough that a CEO can easily keep control over information and keep all his executives on the same page. If Myles or Davis is a screw up, that's on Bill. I'm a manager myself and I always consider myself accountable first for the poor performance of my employees.