we probably all agree the Grays suck. personally - i would rather remain halted and NOT have them resume trading on the grays. manipulation is worse there. i agree that the company should put out a statement jjust like they have in the past. deal in specifics and not generalities, reaffirm commitment to building the brand and increasing revenues, thanking shareholders for their support, and reconfirming that the same constraints are in place that were there 18, 12, 6, months ago. nothing has changed on that front. they are still being played in court. how many delays does the plaintiff need to get their story/attorneys straight...? where is due process and the right to a speedy trial? their attorneys are playing the game that best suits their clients interests in the same way $HJOE s are doing for theirs. for those that havent dealt with our court system in lawsuits like this - they are extremely inefficient, potentially illogical (really all depends on the judge), and right or wrong really takes a back seat to courtroom gymnastics to exact pressure/leverage where ever possible. it sucks. it sucks worse when being on the outside and having to rely on good faith/trust that you arent being sold a bill of goods.
however, from the company standpoint (in terms of daily operating environment) what has changed since Friday? this does NOTHING to affect their day to day and isnt that what the vast majority of the long term shareholders remaining were/are counting on anyway? this isnt bankruptcy. it isnt reorganization. it isnt them being on trial for SEC violations. this is mostly procedural. any more than likely, it is 90% of the reason KBM was forcing delays to try and get to this point to enact leverage against HJOE.
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