Note
posted on
Dec 14, 2010 07:04PM
that no replacement has yet been announced. Usually they announce the exit and entrance in the same PR, don't they? Maybe not, but they have had OVER a year of planning significant new biz strategies to get us here, and if so, this is likely part of the plan.
The biz developments surface tomorrow. Will part of it include new board/management additions?
Someone with name recognition or significant corporate status, along with any new business relationships sure would be a head turner for microcap funds, no doubt about it, and signal to the markets, where there is smoke, there is fire.
There is always a worse case scenario as well. No need to go there at this point.
Oh what a ride !
AND YOU ARE HERE !!!
PS: keep in mind Duane Morris LLP is fully engaged and from all accounts, settlements are on approach....and guidance has remained in place all year.
Significant new investor interest ??????????????