RE:RE:Strategic Process Unless you think management is intentionally out to harm shareholders.. which I don't...
Then..
The only press release they could make would say..
We have cleaned up several hurdles to a deal and are still working toward a "deal" to bring SJE/RAM to sustainable operations. The bond payment is not in default yet, due 12/31, so nothing to report besides the fact that we do not have the cash on hand to make the payment, but we are working on it. Plant is operating at around 53MW net, as reported earlier. Have a nice day and we will report something when something different or material actually happens.
Management is not required to report.. specific day to day activities of "how they are working on things".
Do think there will be PR in regards to Bond interest payment due 12/31 saying.. Either here is deal which resolves payment or we are working with a bond holder committee to resolve the missed payment.. expect that sometime in early January.