No they do have choices, just like before, Cinnamon ran this company as personal wallet, all this big boys shows he attended almost monthly, all around the world expos, endless litigation with hundreds of $ wasted to loose only, and at the end they always turned in to Southridge. It has been always there for them and remember that magic # 51% of all voting common or preferred convertible, which will allow them to increase A/S (done it) or R/S any time (they done it the same too). Again, as long as BOD willing to play directors and the rest CEO, CFO.................it really doesn't matter they can keep selling free shares since cost of issuing shares is 0 to them. And Southridge buys them at 30-50% discount at a base of, if I remember correctly, either $.0001 or, at most .$0002...............All those huge blocks dumped below the bid just like today gives you a good indication. WEST had a chance 2-3 years ago to be bought out and there were bites here and there but they choose they worst possible scenario with CBD, a total disaster of a company that ran of all the options in Australia and wanted WEST for reverse merger in US to raise money to survive, but at the end they declared Ch.11. In addition, Randazzo been a CEO.........The rest is history. Today they have no chance since their technology is totally outdated and behind the curve. Besides with no R&D. imo
