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Ivan Godard
Post count: 689

Would it be a good idea? Yes. Right now? Well, maybe not.

We were all set to make our move this past spring; shutting down down the Convertible Notes was the last preliminary. A “state of the company” talk would have been part of the active solicitation. You know what happened then. At some point we’ll have to say enough is enough and just go do it, but when? There’s an argument for not waiting, and there’s an argument for waiting, not until everything is better, but at least until everything is stably bad.

Either way, we won’t do anything during the summer, which is when the whole finance industry goes on vacation.

And yes, we’re frustrated too.