Endurance Exploration Group Inc (EXPL)

[hedge_fun]

(c) After Jury Verdict or Discharge.

(1) Time for a Motion. A defendant may move for a judgment of acquittal, or renew such a motion, within 14 days after a guilty verdict or after the court discharges the jury, whichever is later.

(2) Ruling on the Motion. If the jury has returned a guilty verdict, the court may set aside the verdict and enter an acquittal. If the jury has failed to return a verdict, the court may enter a judgment of acquittal.

The PR you cited was likely a response to NCLA’s mention of a coming post verdict motion to set aside.

It’s not that their case fell apart, there never was one. They failed to prove 37 of 39 allegations.

Stay tuned.