That is my point. I'm rather distracted right now and have been unable to follow KRY as much so my comment may not have been clear.
For Sanz to have made such a statement, knowing what it would do to KRY PPS, there would have had to have been an agenda beyond what he has been telling KRY.
I lean more toward this being a political comment to confuse people in VZ and create a victory rather than reality. I think Sanz may have even implied to KRY that this would happen and that this was why they needed to be silent and that the "path was clear". In other words...shut up and let us make ouor politcal spins and you'll get the permit.
It also may have been something taken completely out of context but still I don't see a clarification soon.
My concern is that this may be good for KRY long term but these things rarely get clarifeid and that is bad for shareholders. I doubt we will see anythingthat will lift us prior to the election and I'd rather not see us in the "teens". KRY does not rely on the PPS and the majority of insider shares are granted options so they also are less concerned about the PPS. Only us retail schmoes get burned which is fine with VZ and sems fine with KRY mgt.