Look at what she says in the last line:
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"I regret that my efforts to bring about a smooth transition were met with resistance, and find that I am no longer willing to negotiate any further compromise."
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IMO, she may have been trying to get Shapiro out and he didn't want to give up control of the company or take a buyout from another company. She says resistance and compromise, indicating she was trying to do something which was probably the only way, but the right thing. Once she realized, it wasn't gonna happen, she bailed. Can't blame her though.
This will head south until we get some news of what the heck is happening.
But Ira running the company??? No thanks, for that I am out for now, but will watch this with popcorn as well.
For all of you staying in, I really hope it bounces back up, good luck guys!!!
-CC