Great announcement and shows the company is committed to keeping...

Great announcement and shows the company is committed to keeping shareholders informed.

APY could have just kept quiet and said nothing at all. However, with current market concerns in mind, they decided to update shareholders and thus provide some reassurance.

To me it basically says that their intent has not changed and they are still on their way to a great acquisition with a solid cash balance. Excellent.

Regarding the use of the word "period" that could be any amount of time from days to weeks. It simply means the next phase or chapter, which is exactly what a new direction is. They obviously are not going to asign a specific time to it as I am sure they are well versed in what happens when deadlines are not met.

So overall, I think it is great that they provided this update and I am excited for the upcoming days, weeks and months!