RE:RE:PEAName the CEO tomorrow? Are you serious? They didn't say two weeks but they did say a rigorous search over a few weeks but even that was wrong as they likley underestimated the timeline once a firm like KBRS gets involved. Have you ever been involved in an executive search via a recruitment firm? If they had a possible candidate lined up there would be no firm like KBRS involved. The main reason is that once a recruitment firm is engaged and if the company picks someone from outside the KBRS search, the firm still gets paid (usually 30% of expected first year all-in compensation).
Searches like this can go 3-6 months, on average. We are almost one month in now. I don't think you will see anything for between 1.5 to 3 months.
Why does it matter to investors if the share goes below $1 in the interim if those investors are in for the end game anyway? Sure, flippers will be put out but who really cares about them :)