The current agreement says "no news without both sides approving it first". Once the next agreement is signed, it may well have its own words regarding publicity. We're in for 1/3; generally speaking, the Chinese don't have any particular regard for retail interests. That's what allows them to do deals quickly, taking advantage of others' hesitations.

I don't think that Kry's obligations to announce events to the public would prevent it from getting into a JV that by its terms demands secrecy. You don't expect RIM to announce its next technological breakthrough to the public, regardless of how earth-shattering it may be. It announces results, nothing more.

Did GM discuss with its shareholders its decision to scrap the EV-1 beforehand?

Thusly with KRY - I expect it to announce the necessary when required - nothing more.

Why do KRY shareholders feel the need to be mollycoddled - to be brought into the boardroom as it were, so they can get the heads up on possible future events, and even discuss them beforehand? I personally find it mind-boggling. The directors run the company, and answer to the Shareholders once a year, end of.