The RS is toast. It is not surprising they are not saying anything if the RS has been turned down. They are probably being extra careful with govt. eyes on them. The toxic note holders have 2 choices. Put off the debt until a later date or sue a turnip. This is going back up. Both FLST and the note holders have no other choice unless they both want to lose.
I'm with you. While things look hopeless when a stock doesn't trade and the company is silent, maybe one of these mornings something in the way of news might hit the wires, and turn a disaster into a surprising turnaround. Unlikely as this seems, one never knows what might happen on Wall Street. Florida