Now you have been giving this report for six months and every report says you are still looking for a M/A. Question? How long do you think you will keep your job? My answer would be that we have the wrong person in that position and he/she would be replaced immediately. This may seem harsh, but the company has lost revenue, no growth for six months, and they still have no sense of direction to where they are going.
As he is still in employment, might it be possible that the progress on M/A is further along than you give credit?
Be well