Thanks for the thoughts, marwal.
All I can add is that I recently e-mailed Del and asked if he was going to be able to make the payments on the claims that are due this fall. He indicated that they would be made and that meeting obligations such as these (that keep the company afloat) are his top priority.
Like some others, I "sold the farm" for this one. It has been hard to see the loss of capital (on paper) to my retirement account. But, as you stated, Del is fighting for the survival of this company. And he has more skin in the game than any of us.
I know of some other companies where the managment only appear to be working to ensure that their salary checks continue to get cashed. You can't say that about PEM.
GLTA
- panamax