The easiest way to avoid this
would have been to do what you signed up to do as a public company. You can't get in trouble if you go by the rule book. The parties here did not. Some have to follow the law and some don't, well ok but if you break the law you put yourself in an actionable position. If you keep breaking the law most likely it's going to catch up to you.
You can point to others, and make it seem like there's no fault, but that is certainly not the case here. They had a long time to right the ship but it seems as time went they dug a deeper hole. The reasons could be many, but the result of their actions led them to the current position.
And bringing attention to the facts are not being negative or having some kind of agenda. I'm sure most here would like nothing more that to have their investment flourish not get squashed with no hope of returns. Everyone invested in good faith and had to watch misstep after misstep. What agenda could there be at this point? They completely crushed the vehicle to bring the technology to the marketplace.
There's nothing that could be said by anyone on these stock boards that could amount to anything close what the board of directors did to themselves.
There's been a very long history to get to this point, and the end game is close. 4 have plead guilty with one trial to go.
So I respect everyone's opinion, but to try and whitewash where things are today to me seems more like an agenda than anything else. It just does not make sense given the position they are in.
But it really does not matter, this is in the hands of the DOJ/SEC and that's where it will stay until completed. They are in this spot because of their actions (or non actions), they have been charged due to those actions and they will be punished on those said actions. Nothing more or less.
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