Interesting few weeks Just touching base on some of the most recent posts. I believe the majority, if not all the r and d and technicals are completed. The new 'team' are not experts on engineering technology, etc, their expertise lies in business. It's my opinion that's where we are. I don't look for any News releases because what can they say? Almost there? The terms look good! Couple more weeks! We have our part of financing completed! There will be no news of a deal until it's completely done.
I do expect news release on replacing John Kowal and Daniel Erasmus. As for Daniel, I think he finished the job as required and a replacement for him hired when a deal is firm and financing completed.
A comment was made "CEO doesn't get a pay check unless he does something" with a negative tone attached to it. Isn't this what we wanted after Nelson? A CEO with performance measures in their contract? Accountability? You betcha. His shares are down over 20%, I think he has some motivation to succeed.
I agree with Rdw recent post about new CEO and Nelson.
Huge, for us, selling today. It was strange, I can only think when anonymous is selling to anonymous in large amounts there is some talk behind the scenes. It does appear an ononymous seller unloaded or is still unloading a large position. The sp held very strong on the selling pressure.
Yes, I added today.
Best of luck Bubbs.