Guess it depends on how they want to raise capital. Can’t see...

Guess it depends on how they want to raise capital. Can’t see the market eagerly participating with these directors who I assume will just re elect themselves with their 9 in 3M. I’m guessing they stay public though because it gives them liquidity to cash out their prize. The administrator said there were no sound offers for the assets so they will need to fund the $10M or whatever it was to restore operation to the point of producing a saleable product.

You are righ the oversigt was beyond poor. Given the holding SER had they should have been on the board. The lack of that lead to a raid it seems. The whole process was very dubious. Right from things are fine then all of a sudden trading halt and oh yeah we are insolvent. Is that continuous disclosure?