Ann: Strategic Update, page-15

It's obvious Joanna can't find private investors. That just shows how much of a dud it really is. If it had any sign of potential someone would have snapped it up on the cheap. Now she's fighting tooth and nail to stay in a job.

It won't be in suspension until June. They have to vote on the resolutions within 30 days. You'd have to think that Merchant will win in a landslide and force the business to close ASAP. Those "multiple institutional and large shareholders" that Joanna says are supporting her must have rocks in their heads. I think she's just saying that as a scare tactic to get more shareholders to support her. Them putting out a press release reeks of desperation