almost all of this is my opinion, so take it as that...

maybe we should concentrate more on the price of kry...despite the constant "i just bought more" posts here i know for a fact that MANY of the folks here have unloaded substantial shares of kry. aside from occasional trading my personal core position of kry is next to nothing compared to what it once was.

my belief is that retail has pretty much abandoned kry at this time other than trading. teut did an interesting excercise awhile back that suggested to me the readers and lurkers here represent less than 20mil shares (i believe the readers and lurkers here represent a large portion of retail)...so why are we constantly rangebound in one of the tightest ranges i've ever seen while still trading over 1/4 million shares per day, every day??

the last "official response" according to kry management venezuela was that our permit was denied in april 2008....almost 2 years....since then everything has been media clips and statements from management that "talks are progressing and we are optimistic"....if we hav'nt so much as recieved a letter from the ven govt saying "ok we'll reconsider" what makes anyone think this deal will close in three months?

these are some of the most optimistic guys i've ever seen...i guess i would be too if i was bringing down a minimum of six figures for accomplishing nothing..i'm guessing that they're not as optimistic about how things will go for them when the stuff really hits the fan in about 3 months...

realistically, the only reason i could believe that management will attempt everything possible to resolve this is because they know if this deal does'nt close then civil action will probably just be the beginning of their problems, unfortunately, this puts management and shareholders in a position of taking a very undervalued settlement and china/venezuela/anyone who would finance arbitration all know this....