One of the IPLY investors on the Raging Bull forums got an email from Luke Haas regarding IPLY and here's what he posted:<blockquote>Received a message from Luke Haase today. he said that Interplay will hopefully report q3 earnings this week, but that it isn't certain that they will report this week. He also said that Interplay continues to work on financing issues. He said more info would be available in q3 earnings. Again, he isn't giving much info, but the fact that he responded within one hour to my email gives me some comfort. If Interplay was done, I assume he would have gotten back to me late, if at all.
I think Interplay's only move at this point is to sit back and pay down debt and try to win some lawsuits, and then sell the company at a cheap price, say 20 million, which would still net herve a profit on his shares (at least I'm hoping something like this happens. I continue to hold just in case this scenario plays out)</blockquote>Wait, they still have hope for IPLY?
Link: Raging Bull thread
Spotted at Dac
I think Interplay's only move at this point is to sit back and pay down debt and try to win some lawsuits, and then sell the company at a cheap price, say 20 million, which would still net herve a profit on his shares (at least I'm hoping something like this happens. I continue to hold just in case this scenario plays out)</blockquote>Wait, they still have hope for IPLY?
Link: Raging Bull thread
Spotted at Dac