Agreed. Looking over comments RS made in November 2012 regarding the accounting issues, he seemed fairly confident saying he has got the "train back on track" when referring to $OCZ being a "trainwreck." A concern would be Q'1 rev coming in @ $52.5M. If your trying to find any good in that, it would Q'2 being significantly higher and then comparing the two. Then if revenues increase into Q'3 and then Q'4... Still not as glamorous as the $110M+ once guided but a positive in moving forward.
I do agree they slow rolled out all the bad information over the course of the year. I was shocked to not see $OCZ test $1 after est Q'1 update was released. Again RS updated investors with retaining a$13M private placement. I think the biggest problem in general between RS and shareholders is the ambigiuity in all of this. Why he didn't try and sell us this from day 1 is unknown. Went the opposite direction and is slow rolling out piece by piece and then file. The assumption is that $OCZ is doing better than people expected, shares soar.
Investors realize that the problems will still effect $OCZ moving forward given what we know of the collateral damage. RS did provide shades of grey with ranges, estimates and some material facts giving a sub par update to ease the pain. He has just done it over and over and most are restless and fed up. The last 2 trading days showed that. However, $OCZ to report at end of month. What will they say? If there is money to be made than investors will be all over it.
And of course, I'm a realist. None of this could happen, in fact a few uncertainties still remain. As much as I soley invested based on a buyout, this could also take time possibly up to 6-8 months. Not what I want to happen if no mention of shopping the company and being in talks with possible suitors come filing. This $13M may dictate that the problems may still remain and will take an additional 2 quarters before this happens. Or they sell off assets and then sell.