I think as the end nears, these companies do become very small. I took a startup from 4 people, up to around 40, and then back to 4. They stuffed me on my last bill when they went under. Everyone got screwed in some way. Employees last paycheck, landlord rent, utilities 2 or 3 months, vendors, high priced consultant (me) one billing cycle…
GC is not going down with the ship. He will table or pause the company. Keep it alive solely through the bare minimum filings and fees. Start RLPS (in my imaginary scenario that is Regional Laboratory Processing Services) and raise a bunch of capital. RLPS will buy a chunk of TOMDF, which owns a chunk of AMBS. And the cycle will start all over again. 3 years later, XYZ will startup and buy a chuck of RLPS. Which owns a chunk of TOMDF. Which owns a chunk of AMBS. There is an American nursery rhyme coming to heart about this. There was an old lady who swallowed a fly… I think I just caught GC in what he is doing! How long till he gets to the horse?!
John are you going to stick around for the next round? See if any NOOB investors believe you this time.