Cant speak to this specific one you are hung up on, but there are multiple firms entertaining action against BRCC. Along with this they are diluting heavily and burning cash quick. It appears to be more of a fire sale here versus an actual attempt to run a legitimate company. They have compounding issues and in a hug hole and instead of trying to fill the hole, they are digging deeper. Again, would not be surprised to see 5-7 dollar range here....and if they dont stop digging, even lower...
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