No, there's nothing going on with LCY, if there was, the monitor would make a clear, direct statement of another transaction, and they haven't. That's just false. LCY/Visolis had an opportunity to purchase this company, but declined. They acquired the assets only.
With respect to the shareholder's being "safe," if safe means they'll lose 100% of their investment in this stock, so be it. They're getting nothing from this bankruptcy liquidation process:
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