Yes...but, maybe the issues addressed in the letter had something to do w/ their funding sources drying up. Maybe not.
Maybe the previous bankruptcy is of concern to potential clients and/or funding sources. Then again, maybe not.
Of course, if current mgt. was not derelict in regards to being transparent -heck,forget about transparency for the time being, if they just took care of the most basic communication functions- we would be discussing other issues; issues like current operations, future plans, etc.
I hope that every shareholder expresses their dissatisfaction to mgt. Of course, we don't really have a process for doing so as they don't answer the phone (oh wait, it's disconnected), reply to emails, etc.
PS..Not blaming you...
