Do you have a link for this BS that you are spreading or are you just making this up? Why would the stock go to zero if the debt holders own more than 50%? You do not make any sense.
PS. RRR, "... I hope the shareholders and franchisees go after him. "
Nobody will go after him as always at such microcap stories. All those CEOs always have tons of excuses and lawyers. In Europe we have been told, that 'little' people can easily fight against criminals like CEOs ....but reality looks different, that is what I learned after speculation with microcaps since two decades.
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