Shareholders should remind Adair of his fiduciary duty to communicate with shareholders. This is absolutely unacceptable and anyone who knows a securities lawyer should ask them to take a look at this situation and see if it's worth filing a shareholder derivative action. It's one thing to run a company into the ground. That's the risk in penny land. But a total lack of communication, a failure to submit proper filings with the SEC, essentially causing shareholders to have their investments held hostage (by not being able to sell our positions), and not even being able to take tax losses (which I'd argue is a direct financial injury), all seem to add up to something that smells like the ingredients of a lawsuit. What are people's thoughts?
News 
Market Data 
Discover 
