RE:RE:RE:RE:RE:RE:NewsI'm certainly not going to defend what Cris just did. You cannot put a teaser PR out like that suggesting a sale is imminent within Q3 and that at current capacity those credits could fetch up to $150M only to retract the whole thing without, yet again, completely calling into question his credibility. This flaw of his to favor hype over reality has vexed me immensely.
Having said that, my hope is that on the upcoming Q3 call he will elucidate just why they did this about face and come clean as to why these purported "advanced negotiations" with "major international corporations" have now been "withheld". He has some explaining to do.
In terms of the suggestion that the Nasdaq is any better, are you aware of the countless SPAC's that went public on that exchange in the last few years, providing bait and switch investor presentations, all under the watchful eye of the SEC? It was the most egregious display of blatant fraud since rating agencies were rubber stamping hundreds of billions of subprime debt as AAA.