actually, if there is any truth to that, it would explain the reason for why they didn't want riconda to have any position or equity in the newly formed entity. as i have always contended, imo, the 8k involving riconda was never about protecting commons, as there is no incentive for management to do so. they barely even own any shares in the existing company. they would be best served from a bk perspective, to simply cancel the commons and take a new path with their business entirely. all imho