They have had lawyers and courts involved. I would assume that he followed their legal advice. They have also have duncan that could have advised them on that as well. We can only speculate on it ourselves. I am sure this kind of thing has happened before with other companies. My understanding was that Paul was insrtructed by the judge not to release any news and he could not do anything with the patents or stock until things were cleared up in the Chancery Court. Personally, I would listen to the judge as opposed to looking up every sec law in the book. Seems like the sec would underatnd that the company was instructed not to release any news and therefore they could not announce the BK.
But I could be wrong. Would not be the first time. LOL
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