As far as I understand, the 200K is a separate sum dedicated to keeping the lab running until after the bankruptcy is resolved one way or another. The stalking horse bid is a horse of a different color, pardon the pun.
Your linking of Dr. Shannon to Ed's bid from liquidation is baseless. He is only involved in the $200K because he wants to move the FDA process ahead. (Since you conflate the two processes, the liquidation bid and the 200, you made a basic mistake).
Has fought consistently, first against Dodd et al, and also against Marshall, to encourage some kind of protection for the shareholders. His has been a voice in the wilderness, but it is still being heard in certain circles.
