The
proposal for the school — now tentatively called «Elm City Imagine» — includes an extended school year with a calendar
alternating eight weeks of regular classes with two weeks of «expedition» career engagement; longer school days with staggered teacher schedules; and small - group instruction with more focus
on technology.
One concern is lawsuit by the landlord against the company, but that company states that it does not believe the lawsuit will have a material adverse effect
on its financial position.With its stock at a substantial discount to its net cash position, its cash - burning product development activities at an end and a
proposal to identify and complete an
alternate strategic transaction or liquidate, we think VXGN is a good prospect, and we're going to maintain our position.