In recent PRs, they have been trying to back away from this whole mess. They have referred to the relationship not as a "merger" or "subsidiary/parent relationship", but as merely a "business relationship with a public company".
I suspect we will see the BOD attempt to distance themselves even further, perhaps even dissolving all ties to the company, in an effort to protect their own names and assets.
No matter what they do, they are still responsible for all the LIES that were told to investors. They might be able to escape legal responsibility through distancing themselves, but they must bear MORAL responsibility nonetheless.
The LIES were told in their names. They must have known they were LIES, yet they made no effort to correct them.
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