Both sides have some good points.
I suggest both sides read that PR several times like I did and read between the lines and come back if you see anything you might have missed. It is very odd to me. Heres why:
John said they haved severed ties with Bootes, but put the (alleged) assets in a private company called Hildago Mining Inc.......how is that "severing ties"?
Bootes has 56 million in hard copy certs he is unwilling to give back (as indicated in the PR). That may require legal action and time. Legal action + time = money down the tubes.
People are speculating that these 56 mil are short (no proof as of yet), but they are restricted shares - pretty hard to short restricted, especially since they are in hard copy certs (as indicated in the PR).
The boot of Bootes has been known to be coming for weeks - not a big newsbreaker, there.
On another note, glad Bootes has been publically exposed. For me personally, that's one down and one to go - his buddy in crime, Watson.
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