Surely the only people buying into this stock from now on are...

Surely the only people buying into this stock from now on are buying in the hope that they fold the current business and use the remaining cash for other purposes. Assuming that it takes 6 months for the spill to occur and the unwinding of the business, that leaves ~$25m cash remaining. The current market cap is above this. Unless they give Joanna and her father the business in lieu of their shares, then current market cap would be about cash backing. But who's going to pay cash for cash? That would be best case scenario. Give the founders their lump of coal