do they:
1) close-up shop
2) do a small deal to where Evans $1 warrants expire worthless thereby leaving him with nothing for 5 years employment
3) do a larger deal, before warrant expiration whereby Evans would execute his warrants and in this manner get compensated for his 5 years on the job. ie: at $2 share after his $1 warrant fee Evans would make $1mil for 5 years work or $200k/yr. This is assuming they feel obligated to compensate him (of which they could do several other ways outside this vehicle imo)
4) elect a new ceo whereby the search continues (or starts over).. problem with this is we only have 1 year of cash left
time will tell....................
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All posts are strictly my opinion and are not buy or sell recommendations.
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