The man is an accountant. He writes "books."
If there is any wrongdoing involved in his transactions he loses his license. If his appearance precipitated this merger proposal, as a viable course of action for REDG to take, then he is doing his job.
Benny's lawyers had to have advised him to declare BK. They'd be guilty of nonfeasance if they hadn't. The fact that this last communique to the shareholders, left out the option for BK proves he's running this company on "heart."
I'm not heaping praise on Benny, I'm merely telling you what I believe is the situation.
He reads this bulletin board.(I'll bet) If he gets as mad at us as we are at him, he'll say F _ _ _ IT!
THEN, we are screwed.
I direct this at shareholders. If you are reading it and replying to it, and you are not long REDG, I wish you wouldn't.
A .0045 stock will go to .045 a lot easier than a 4.50 stock will go to $45.00