The only reason there is no RS is because the DTCC won't allow it with the current situation. If the new CEO can resolve the problem with the old shareholder and get the shares back; there would be nothing to stop the company from doing a RS. Josh has already tried to do one, remember.
As far as the new CEO is concerned, his resume has no record of any accomplishments, so there is no way to know what he brings to the table. It's been a month since he was appointed, and we still have not heard any news concerning what his plan is for the company going forward.
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