Lets Hope....There is actually something big in the works but Ryan has always said he doesn't want to be a flash in the pan type of company. He wanted to build it for the long-term. Well, he's certainly showing us that right now with all of the waiting and slow approach to.
There's a lot of preferred shares that will be coming out of their lock out periods that can be converted to common shares. I hope his strategy isn't to see how many of those shares convert and get sold into the open market. If he's doing a wait and see strategy before contemplating whether he wants' to do a share rollback and bring the number back down then that would be kicking the previous Invictus shareholders when they've already been kicked by previous management. I don't see Ryan as this type of person but at the end of the day he can only act based on the hand he is dealt.