One interesting far fetched theory that was alluded to a few days back:
Have ConWay and SqLiars put together a con job? First a big INTENTIONAL delay in what is a quite simple audit, to indicate the deal is failing. Followed by a 25,000 to one RS announcement?
All that, in order to collapse share price and get commons to bail out, so the con artists and minions can buy shares for rock bottom?
Then when complete, suddenly the audit completes, the deal completes, and SqLiars kills the RS?
Would they actually go to such devious and criminal lengths?
No, probably not.
This would end up in criminal investigation by one or more attorney generals, and even incite the SEC to become involved. Class action lawsuits, and criminal prosecution would be the result, with the players ending up incarcerated.
Nice theory though - IF the players are dumb enough to engage in outright criminal fraud.