Re: another 8-K filing re the delayed 10K
It’s been dust for a long time. It’s always been a failed business model primarily due to leadership’s miserable execution record. Success would have required very strong capital allocation and project execution processes coupled with concerned honest leadership. None has been present. It doesn’t matter if this was due to dishonesty or incompetence, it’s moot now. Could go on and on about Watson’s behaviors but what’s the point.
Watson was not the only fracker company leader to run this business scheme. The music has stopped and the number of chairs is very limited.