The brains trust at Leo in conjunction with their lawyers and...

The brains trust at Leo in conjunction with their lawyers and corporate advisors should be using this time to develop some sort of tweaked compensatory award for locked in shareholders here. If they were to resume trading with a tweaked version of a Contingent Value Rights issue (much like a future anticipatory dividend payment, contingent on profitability milestones in the first year) solely for holders of record as at the date they went into suspension last year, this could go some way to making amends.

A bit of clever thinking that delivers an added benefit to people who are stuck here, and who continue to hold upon requotation, might help to protect the share price from slaughter, and would probably regain them some trust & loyalty. There will be all sorts of rules and requirements to work through, but there has to be merit in looking at some innovative future-dated non-tradable CVR style distribution that effectively compensates holders who have borne the brunt of this suspension. Rather than just leaving us to the mercy of day traders, shorts and their broker buddies who will enter this stock to do damage to it (or the other Johnny-come-latelies who will arrive seeking to unfairly profit) in the first week or two back. I don’t think they can announce a “dividend” per se, as this would be available to anyone owning at the time future results are announced, but a shrewdly designed, tweaked type of CVR is surely do-able.