This was actually embarrassing to read. Their argument is, "You know those letters you got from those wingnut shareholders? You should listen to them!"
The company needs to be placed in receivership because the company under M&M is strictly a vehicle for fraud. It's ridiculous to choose a CEO from the candidates that those very fraudsters suggested.
I'm starting to wonder just what is taking this judge so long to decide anything. How many times does she need to be asked to hold an emergency hearing?