They are always on about the "next data pack" or as per the new kid Hockings son/nephew ? now as CEO "the most important quarter in the companies history" - but what it really comes down to is most important for who ? and what does it mean ? Do you have somebody lined up that wants to deal on or buy out the company ? or are you just going to get the data and say "well this is the most significant data we have ever had" and now we are going to sit on it and go on to the "next most important quarter in the companies history" ?
Can't say that it's really very encouraging Hockings sells out half of his equity but brings in Tribe - is that confidence or needing an out ? and then Hockings son steps up to CEO after I presume being the one that sold his dad/uncles equity out to Tribe ? About the only sense I could make from it really and as speculated before Tribe even took that transfer was I doubted Hockings had the funds available to once again back a big move for capital ?
PYC Price at posting:
2.6¢ Sentiment: None Disclosure: Held
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