RE:The Facts....Q1 Investor Conference Call held before proxy materials filed (on every other past Q1 Investor Conference Call, shareholders have had benefit of proxy materials not that there has been anything meaningful to discuss in past proxies) and as a result no discussion on consolidation. Given uncertainty of consolidation as part of any needed financing (being asked to approve up to 1 for 15 consolidation, hows that for certainty ???), stock price will remain range bound and drift, with chance will play into a going private scenario. The narrative usually is: "what can we do, the financier will only finance if private...," The Caddo Nation screw-up continues to be a major blunder for PYD. With debt repayment and interest approaching $2MM per quarter, absolutely no room for error. Add to that "Loan Receivable 1" and "Loan Receivable 2" historical write-offs and PDS Gaming 6 month lender of last resort financing PYD was forced to take when it boxed itself into a corner and in a bind give up 42 Tonkawa spots in the process. All self-inflicted wounds. Don't forget, the principals of PYD operated a tiny leasing business on the periphery, then finally hit the bigs (for them) by accessing the capital markets with loud promises of creating shareholder value as part of going public.... The narrative to justify going private is usually to then blame the costs of being a public company (listing, IR, legal, audits, meeting costs, management distraction, in the range of $1MM annually) as justification. Height of hypocrisy IF were to occur. There was no rescue from business oblivion and obscurity for these folks without going public and accessing public money. Our friends at PDS Gaming (opportunistic lender) pulled such a move a number of years ago : https://www.businesswire.com/news/home/20041026005303/en/PDS-Gaming-Corporation-Consummates-Private-Transaction and they recently sold their private company 5 months ago to their financial partner, so there is a recent industry comparable : https://pdsgaming.com/index.php/2017/01/19/pds-gaming-acquired-affiliate-northlight-financial/ If PYD spends even 8 seconds of company time or money plotting going private, as opposed to solely focused healing self-inflicted wounds asap and growing business for future benefit of all shareholders, should get interesting: https://lasvegassun.com/news/2003/jul/09/3-gaming-companies-face-new-shareholder-lawsuits/ Shareholder rights have only strengthened since then. Stock, by management's own admission in every presentation, remains undervalued and will continue to be so as drifts due to uncertainty. Question : who will reap benefit ? All imho. -Red Fisher