At the end of the day Solms owns this failure. If half of what I have heard about his activities are correct, then he is responsible alone for the abject failure of the last year and a half at least. The board should, and I believe will be held accountable at some point. Their obvious lack of fiduciary oversight will have them in court in the next few months, possibly for years.
Personally I see nothing more than bankruptcy in the near future as they try to wrangle more cash for themselves out of the train wreck they helped create.
I'm certain they will try to spin something out of their next actions. But it will be nothing more than some self serving crap to draw attention away from the obvious.
You could easily see them attempt to position for an acquisition, but who would pay when they could easily just wait for the inevitable.
Time will tell, as to who pays themselves big bonuses at the end of this. Its certain that one thing will never happen. No positive return for investors !
