Does anyone have an idea when we could expect a report of some kind from KPMG?
Just an idea but since the $ 2.5M + operating capital is not a huge amount of money (relatively speaking) maybe KPMG could try an new CR or, if too complicated, simply suggest shareholder loans (almost like crowd funding) but from within the shareholder group .
Like one poster stated there are 3000 shareholders (is this correct?) so if each shareholder lends, on average, say $2K the company could receive $6M to settle Realtek and provide opertating capital. (Larger shareholders could lend based on their pro-rata ownership so the loan project could be based on some kind of shareholder pro-rata ownership formula )
The unsecured loans could be repayable in say 2 or 3 years (balloon payment) at no interest or low interest.
this would enable the company to pursue and grow (and repair) the relationship with Realtek as well as completing the new generation (smaller) bud which would be more attractive to users so maybe thay can actually sell some for a change...
Almost forgot, the above would be based on Miller and crappy brown noser board being replaced.
Maybe John Luna is available?
Any comments?
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