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Posted On: 10/30/2022 6:52:26 PM
Post# of 148871
The reason the call is at 5:30 in the morning ( usual reason companies do this after bad news) is to put a floor on the share drop before the market is open IMO. I believe it will be more rounded information explaining the decision and the go forward actions to keep this a viable company going forward.in order to build a decent floor they need to loosen their grip on information a bit more here than they have all year and provide more than their lawyers are advising them to do.the pendulum of information swung from too far to one side with NP to nebulous word salad post NP when they actually would have a cc.. I have said before I believe the lawyers have owned the messaging since NP was fired because his mouth got this company into trouble . But I don’t expect any block buster news out of this meeting . I think the net result will be a drop in the shares after the meeting but not a catastrophic exit of shareholders that would take the share price to dangerous levels.
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