Huge mess that isn't getting resolved. However, nothing is going to happen unless someone takes legal action to establish who is in control and what the facts are.
You have two directors one who from what I hear is burying his head in the sand (which may prove costly to him) and one with a conflict of interest trying to make a deal with SBCO's assets that benefits him and his personal businesses more than SBCO?
With unknown ownership of assets and SBCO's stock having been used to secure ownership of what some believe are non SBCO assets, ownership is very much an unknown.
The FAA cert and a business built around it could be very valuable so I suspect some of the players are making moves assuming the FAA plan to cancel the cert for nonuse can be kept at bay.
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