"As for the "doing very well" comment"

Yep, this was something I was positively surprised about. He could have written " we are doing well", but "very well" is either an expression Avot has secured its financial supports or accomplished something regarding sales etc. - or it is the opposite: the worse it is the more important it is to look bright at the surface, especially if you are in negotiation talks with potential investors, partners etc.

But of course I prefer to take the former explanation = it's a good sign for a positive progress.

GLTY