RE:Should get new partnership newsJune 28th conference call around 22 minute mark, Proctor states that he is expecting some partnership announcements..."....expecting one to be signed within 4 to 5 weeks, I would be very surprised if it wasn't, because I know where it is, but there again I have been surprised in the past..."
Approaching double the expected time estimate. So, sounds like yet another surprise to him, but to me it may be more that he doesn't quite know where these things are - which is normal because you will never have a 100% insight into what is going on behind customer's doors. I am surprised that he would make such a statement because he is far from some young exec getting his feet wet in a senior management position. I am not saying that this partnership that he specifically cited will not happen, just commenting on the judgment...since he served it to us. Obviously thinking it is just a small example why we are sitting at 2-2.5 cents under his leadership.
Next conference call tomorrow. Hopefully he provides that specific update because right now it was a specific deliverable (albeit a very small one) that many shareholders following the company still would be interested in, and as of now, deliverable not met. Added to the list.
The agony continues.