Pretty much going into a hibernation mode.
I don’t believe for a second they were only days away from demo build and they were going to send the machines overseas later in the year. Easy for them to say it now and use Coronavirus as an excuse.
At the end of the day if they had shown some urgency and got the demo build over the line earlier we would not be in this position and SP would be sitting much higher up.
There won’t much progress in the mean time, it looks like the demo build will be delayed for another 6-8 months minimum. The executive teams should all take a pay cut show some leadership for once and help save more.
Ann: FBR Strategy Update, page-12
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