I assumed you were not keen on IOU, more in favour of PIL which...

I assumed you were not keen on IOU, more in favour of PIL which has been doing remarkably better than IOU of late.
Yes, plenty have died and probably a little too soon, however that justification, right ir wrong will be shown by end of April in the upcoming 4c.
I expect that if the justification is lame there will be a en-mass exit as the CR will loom swiftly and the general May market slump and tax loss selling takes its toll late May to late June.
If the numbers are good, and they've got some serious vision and strategies by then, maybe there is a case for confidence.
The promised roadmap would assist such.