Aqua Power Systems Inc (APSI)

[reader3]

So what. The court isn't going to take the company away from shareholders. The most it's going to do is order some form of specific performance (pay shares / warrants / money...which is what public companies do). And that's if the case isn't settled / mediated before going to trial. The claims were over the top because the claimants were hoping the court would give them everything they asked for. It didn't.

Ask yourself why the minority shareholders remain with the company if the allegations were true. Obviously there were some specific issues and differences with the majority shareholders.