Your points 1 to 10 sound good to me. The big question is how to make it happen, how to start the process by convincing the company to do this or how to force the company to exit bi and stop making payments to PP, etc. The only ones who have the power to fire the current management would be the BOD and so far it seems they are on managent's side. The trustee is just there for the bankruptcy case, so if you exit BK he no longer is involved. Often the trustee assumes control but that is just to wind down the business and pay off what debt can be paid off, to close out the business as part of a bankruptcy where the business will no longer exist.
I like your plan and am wondering what can be done to achieve it. The company could be profitable and successful without PP and I would like to see it continue on like that. I believe Bolduc would cooperate or maybe is already with the shareholder committee. The problem is getting the initial steps accomplished, finding someone with the authority to make those steps happen, since the company management is not going to cooperate there, and not sure about the BOD.
