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Posted On: 01/07/2019 10:36:59 PM
Post# of 30015
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I went back and read the pr again:
"the Company believes that it is appropriate to explore retaining new executive leadership to complete the recapitalization and distribution plan. The current management and board of directors are very supportive of a potential modification in the organizational structure, and have initiated a search to evaluate senior leadership candidates. Further updates will be provided later in the first quarter of 2019."
If Gerald had decided to leave on his own it would have said that Gerald had decided to explore other opportunities or something along those lines but it doesn't. Also its very interesting that they say more updates will be provided later in the first quarter. How would they know that? There shouldn't be any updates until they find a replacement, so they already have a plan.
"the Company believes that it is appropriate to explore retaining new executive leadership to complete the recapitalization and distribution plan. The current management and board of directors are very supportive of a potential modification in the organizational structure, and have initiated a search to evaluate senior leadership candidates. Further updates will be provided later in the first quarter of 2019."
If Gerald had decided to leave on his own it would have said that Gerald had decided to explore other opportunities or something along those lines but it doesn't. Also its very interesting that they say more updates will be provided later in the first quarter. How would they know that? There shouldn't be any updates until they find a replacement, so they already have a plan.
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