You assume that because Empire made a bad investment (to date for sure) in CTGI that they'll stand by CTGI today. Investment firms are like investors: sometimes they make excellent choices and sometimes it just doesn't work out. Smart investment firms, like smart investors, cut their losses and move on. They need tax write offs just like the rest of us.
IMO, it's pretty hard to reconcile the rumored ongoing involvement of Empire with the death spiral of CTGI over the past 18 months.
Maybe you can ask your source if any of the $$ from the 25 million new shares was used to pay Empire or other creditors off. It certainly would jive with management's stated intentions in their last PR.
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