Mr. Mark Newbauer, Chairman of the Board, was quoted following the execution of the resolutions as saying, "Advanced [the Company]recognizes its long history of an inability to successfully develop revenues to a net profit, essentially accruing debt as an obligatory practice for continued operations
The biggest opportunities in the market are when the crowd is 100% sure something is going to happen, or in this case is not going to happen, and then the minority who saw the bigger picture end up being right. I'm not going to argue about what I believe will happen, there's no point for me to debate it having said my piece already. That said, I will say that IF the split, name change, re org etc are successful, the amount of reverberation felt will be monumental here. All of the bad news and possibilities are priced in, so if that narrative ends up being wrong (again not saying it will but IF it does), then the snapback here will be legendary. There are no greater moves when the crowd is mainly in agreement and end up being wrong.