On April 30, Croset had announced, in his usual brusque way, that a recapitalisation had been approved for Mandriva and that it would be announced in a few days.
A proposed financial bailout was rejected earlier this year and there had been no information as to the status of the company - which, given the frequent financial issues it has faced over the years made people wonder what was going on.
Croset said in yesterday's post that the company had had problems in the past, because "the elementary rule of revenue covering costs has not been respected".
He wrote: "The echo from the Community is very impressive. Mandriva Linux still has its supporters and fans, but I also felt your disappointment over the years and the lack of information during the past months certainly is a key to explain why many of you felt left alone with nobody holding the steering wheel."
Croset added: "The Mandriva Linux project has the right to be given a space in which it may expand and the contributors and afficionados (sic) a place where they can express their talents.
"We are precisely working on this right now and during the next two weeks. We will announce the direction we intend to give to the project during the third week of May.
"It makes no doubt that it'll be difficult to satisfy each an every expectation and wish, as they're many of them and some are not compatible with the other, but we'll try to achieve what can be useful and most promising for the community and, with it, the Mandriva Linux project."
Mandriva began life in the late 90s as Mandrake Linux. It utilised Red Hat Linux as its base but used the KDE desktop environment instead of GNOME; hence it was often called "Red Hat with KDE."
In September 2012, a fork of Mandriva, Mageia, was created. A number of the Mandriva developers have moved to the new distribution.