That is the way I see it also, Ace. The only way they can value the shell is to partner with a private company that wishes to RM into the shell. IMO they have already found one.
My concern is will the valuation be high enough to satisfy the creditors and leave enough so that our shares are not worthless.
The only way I see this happening is if the creditors are forced to take less than face value on their claims which is a strong possibility.
You can bet Skip is pulling the strings behind the scenes which can only bode well for us as he is the largest shareholder.
Remember all of the players in this drama are in the DFW area (many in the same building) and so it would not be hard for Skip to conduct meetings with them.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.