Research (without fighting), page-462

Makes sense what you say in reducing the SP. Not ethical though to your share holders.On another note

Why would a company finance TV2 to the tune of 2.7 million if they thought the company was going under. They must have seen the future to believe in TV2.

I pray the quarterly has some good news. After this even the die hard TV2 believers will be doubting TV2. Myself included. 

Nick would be 100% responsible for bleeding the company of $350,000.00 every year and not producing a result or keeping his shareholders informed.