Whomever received those shares at PKG has got to be pissed about this... I'm sure Eric is getting sh*t from every angle.
Worst case scenario, at least many of us are riding free shares by now. PKG is already under water with their shares at a .07 cost basis, and could be WAYYY under if Eric doesn't get his sh*t together fast.
Best case scenario, acquisition still plays out. Even if Cerebain has a decent explanation and future game plan, it will take time to recover from the greys...but IMO PKG/CBBT shareholders can still do very well eventually. Might actually give some folks an opportunity to buy some reallll cheapies.
If I'm satisfied with whatever statement Cerebain makes, I'll be waiting to scoop up some sub-pennies if the opportunity presents itself. If not, I'll ride my freebies and see what happens.
GLTA - Have a nice weekend