I agree that this intention is a step in the right direction. Hope Cutler has better luck than Foote finding value-adding partner(s). Luxor seems to have been fairly accomodating but I saw no indication that they added any expertise of the kind needed to convert the asset into a profit generator. I don't think PLL has the human resources to pull it off alone. That is not meant to be critical of Cutler whose performance and communication since taking on the temporary CEO role has been more satisfying than his predecessor.
Good luck to all.