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Perhaps a buying opportunity. Sounds like investors are being spiteful.

Asking how he is going to reign in capital expenses, when their burn rate will drain them of cash in 8 months is not being spiteful.

It's called being an investor.

Refusing to answer that question, is either being spiteful, or disingenuous. It's a bit of a red flag.

That wasn’t the question he refused to answer; he refused to (I think in his opinion) sit there and do a bunch of simple—yet almost entirely spitballing—maths that any financial analyst could do, to tell them how much his proposed steps would save the company.

"And so where specifically will you be in terms of capital requirements?"

This is a question that can be answered by "any financial analyst"?

And refusing to answer is when I, as an investor, would begin looking at options available to me to change management.

Just sell your shares big guy.

As spiteful as Enron’s investors were.

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