I for one am happy to hear this news. The right person, equipped in business will be an excellent asset for the company to have as we eventually move on to become an income generating entity. The fact that Len is staying onboard to provide his wisdom and experience is also very heartening. If he was going to pull the pin completely I would have been a little more concerned.
To address all the whiny sad sacks who may or not be related to a certain someone who found their way onto my ignore list, stop being such miserable babies. In my opinion, Len has done a great job at keeping the company even afloat in spite of all the blows they have taken, let alone to provide such positive hopes for the future (regardless of how slowly the bureaucratic wheels may turn)and I for one appreciate his efforts.
Have any of you ever logged onto your trading website to find a stock you own delisted? Imagine that as an outcome, before you knock the management for no apparent reason other than to wallow in your own tears. I'm sure Len and co. could have retired quite comfortably had they decided that the odds were too highly stacked against them and declared bankruptcy.
Its up to the sad sacks to exercise a little discipline and control their whiny attitudes, but I hope the rest of you don't become infected by the ongoing dribble.
CXY Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held