rosebud,
bottom line - it would be great if one of you/BF/etc could contact Rafael and discuss the ongoing lawsuit, the BIO patents, and the newly created company and have him respond such that you could report back to the group. It would also be good to understand how he could choose to not pay his lawyers?!?
There's significant negative possibilities happening that those of us who "do not believe" think that this might be the last straw. Those that "do believe" consider all of these things just bumps, or inconveniences.
Sure, the company has been in business a year, and yeah, this company could have been worth $10 a share already, but many of us believe it has been mismanaged from the top for that persons personal gain. Many have been left in his wake, some had a choice (like me) and others didn't (like previous employees, and lenders, and the lawyers..
Can one of you reach out and report back?