now that they have filed and assets exceed liabilities they are in good shape. the bankruptcy court takes priority over the SEC, the DOJ and all civil suits. Cant fine someone in ch. 11. If they were a shell, they would have gone ch. 7. this is good news for shareholders.
This was actually embarrassing to read. Their argument is, "You know those letters you got from those wingnut shareholders? You should listen to them!"
The company needs to be placed in receivership because the company under M&M is strictly a vehicle for fraud. It's ridiculous to choose a CEO from the candidates that those very fraudsters suggested.
I'm starting to wonder just what is taking this judge so long to decide anything. How many times does she need to be asked to hold an emergency hearing?
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