Looks to me like there isn't any thing much to see, yet, that would enable telling how this will play out. How it plays out now is entirely a function of the choices and decisions of the receiver, and without knowing what they're looking at or thinking ? No way to know if they'll even take the value seriously, or just do what they need to do to "resolve the problem" from the perspective of the court and the SEC.
It is, at least, the first time EVER that CLYW has been properly in control of an entity that you can reasonably expect will act in good faith.
So, thus far, it looks like the only winner is Delaware... and what that will turn out to mean for shareholders isn't at all clear, yet.
The wording was... open ended enough... that it could mean pretty much anything in terms of an end result, leaving it entirely to the judgment and discretion of the receiver. That it's being addressed in Delaware, now... is a whole lot better than not... and beyond that, we wait to see what decisions get made... and how long it will take for them to get made.
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