I tried to find out what this 'license' thing is, but have not found anything yet. There is a lot of information to go through so I could have easily missed what.
The problem is that it does not really matter what happened at this point. The fact is that liabilities are greater than assets in the order of something like over $50 million. There is no way to close the gap for the common shares to have any value.
That is the 'real problem' and there is no way around it.
The common shares are dead and will stop trading the minute the liquidation is completed.
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