What I think is clear is that I have a much deeper understanding of the law on this than your very basic understanding. This will be a bankruptcy proceeding and of course the shareholders will have standing. It does not mean that they will prevail and it is probably not even likely but they can be involved in the proceedings. You are probably right that the note holders will get the patents but you are dead wrong that this will be a quick and easy process. PP's legal woes will be a big sticking point. Transfering the patents to a Chinese company will also be a hold up (remember the Bressler lawsuit). Plus there are many note holders and probably only one valuable IP. How do they split that up amongst note holders who have shown a strong dislike for each other. To be honest I have not invested enough money in ECTE for this to be worth my while to take the case myself. But maybe someone else will and I think the judge would have a lot of sympathy for the shareholders in this situation.
I have not firgured out why you spend so much time here. But I know it is not for the good of the shareholders. It seems to me you are either trying to take advantage of people for your own financial gain or you are taunting them for your own personal amusement. In the end you probably don't have a happy life if this is how you chose to spend your time.
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