What a surprise: "total lack of compliance..." Have they EVER complied with anything? I think not. So here's still another litigation matter against CBAY. I sure hope Roger has his thinking cap on. If we're really only a shell now, then that should be worth something. Maybe he'll turn CBAY into a solar energy company next or an ice cream manufacturer.
And what was the point of appointing a new president? Did Roger think that would instill investor confidence? Or is Bailey truly the new president? And will we ever know the true story about Rizvi and the alleged hijacking?