It's great to hear the company is working tirelessly on the best outcome. And they are taking their time in deciding what to do.
(I'd ask the following in a PM, however that is impossible on HC, so here we go. All IMHO and NA as well etc..)
I will ask a question if I may. Regarding the comment "the newer management having never been in a publicly traded entity" before....
Did you get the impression this new management team were listening to the concerns of shareholders and that they understood the risk/reward of being a shareholder in a publicly listed company?
Namely that the outcome of any solution/deal/dilution/debt refinance/selling up the business or whatever should 1/ have the shareholders best interest 100% paramount and 2/ equally favour all shareholders on a one to one share basis?
That they truly understood that it's exisiting shareholders carrying the risk here?
What I worry about is again (as is often the case in my experience as a shareholder with all small caps under stress in general and NA etc) , but that it's the financial outsiders/brokers/refinanciers/lawyers/and big end of town that ends up getting rewarded in any potential "restructure" or further capital raise. Parties that have never actually carried risk by having "skin in the game" in the first place continually seem to get a benefit (if there is to be any?) ahead of those carrying the can (existing holders).
Did you get the impression that the BOD and Management team understood they are working for us (the shareholder)?
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