I look at this as a positive development. Should have happened much earlier, but it occurred, so let's hope for the best. Can't imagine anyone who would be willing to take the job ( a big if ) doing a worse job than Drysdale, but anyway we're 40 cents from zero, & I've already written off the investment. For me to be surprised, it could only go up, Here's hoping.!
2016 Full-Year Guidance
For the next several months, Pernix management and Board of Directors expect to be fully engaged in driving the initiatives discussed above. During this time Pernix is temporarily withdrawing its prior 2016 financial guidance. The Company intends to update its guidance upon the conclusion of these initiatives.