re:CEO questionedas posted ..."the CEO does not have to tell the public all the details of every day businesss posted...",
unless it materially affects the ability of the company/BOD to carry on the business of the company (my words).
Apparently institutions/well-connected investors knew this NR would affect AVO, because they were ready & sold; whereas the rest of us got left holding the bag ....wondering why.
Not all has been revealed & the CEO skirted all around the question even if not asked specifically period.
AVO may have lost some respect with analysts who got burned. Memories are sometimes long.
carlos