An Alternative TheoryThere are a number of people on this board who seem convinced RPL will drop to 60 cents or less, perhaps never to recover. Some may even believe that bankruptcy may occur with common shares being worthless in the end. Given the silence of management, each of these outcomes is certainly possible. If investors don't know what decisions have been made re. the future direction of the company, or even how long it will take for management to make these decisions, investors understandably get frustrated / scared / angry and bail out. I would not consider this action unreasonable as those who continue to hold on to their shares may end up with far less than what they can get if they sell now (or, put another way, who wishes they sold three months ago on April 2 when the share price closed at $1.69?). Though I certainly cannot vouch for management's competence or integrity, there may be good reason why we haven't heard anything yet. The financial advisors should have examined all possibilities by now (asset sales, mergers, takeovers, etc.). It could very well be the case that management and the advisors are in the midst of negotiating an asset sale, merger, or takeover, but have not finalized it yet. If potential buyers / suitors have just been lowballing RPL since the financial review began, who would want RPL to cave in and sell assets or accept a takeover offer for an amount well below fair market value, warts and all (ie RPL's debt)? As painful as it may be, silence is often necessary when negotiating the fate / future of the company, and this could be an instance of that. Not saying that this is the case, and those on this board who are skeptical could very well be proven right. Just saying that there may be good reason for management's silence to date - you don't negotiate in the press, and if no deal is finalized and management cannot predict when it will get done, the only choice may be to continue negotiating as the stock price falls. This obviously can't go on for much longer, but it may have been the lesser of all evils in the short term. Given the annual general meeting hasn't taken place yet, I have two thoughts as to the reasons why: 1) Management is close to a deal and would rather hold the AGM after the deal is completed. 2) Management is focusing their efforts on getting as much money out of this company as they can for themselves and leave investors holding the bag with what's left.