I see your point the same way in regards to management point is/was to keep the company afloat till the market gets its act together. I would be also be very said on " If there is a management buy out and miraculously deals are signed then we have been flat out violated.".
I personally would like to see a come back with deals like:
a. Let "us" the company stay "off line" until a set minimum volume contract singed.
b. Meanwhile introduce leave without pay to staff with guaranteed re-employment opportunity.
c. Once we get back "on-line" do a 3:1. Having a 3:1 or 5:1 be better to wear then having a total loss.
d... and so on.
Shareholders input combined with the elected EY team to me would be a better option for survival then just go out in sorrow.
ok, beer time
CFU Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held