Originally Posted by
PeakEGT
Same boat. What worries me is not only his involvement but how Mgmt has handled this. Stringing us along, the vetting process must’ve been short. Both have served at Xerox, which had a scandal and at an energy company facing corruption charges. Part of me says there’s nothing for him to sell to pay off debt as we aren’t in much debt but I’m sure he’ll find a way. His reputation is what makes me uneasy coupled with no plan B said yet. At this point I’m hoping for us to be sold to a bigger carrier where I’ll still be at the bottom but keep longevity. If the investor call in May is still shaky, I’ll call it quits and put apps out.
The plan B one is another hot topic for me. Have heard constantly since Spirit was even a thought that a plan B was in place in case of an unsuccessful outcome. Fast forward to present time and still no mention of this plan B. Just a "we have one". More stringing along with they'll say more of what it is in May. Now throw the newest investor into the mix it seems more of there is no plan B. I'm doing the same thing. Let the dust settle and see what happens come May with the investor call and then it'll be decision time.