Exactly wants shareholders to continue funding the business as...

Exactly wants shareholders to continue funding the business as no other options available to her. As for destroying the value, a potential buyer will just want the database not the staff and overhead costs. This way they are all cleared out and we know our cash position and own the IP if it has any worth. She can sell her shares and buy off us if worth anything. Do you really imagine there were any good staff left anyway why would they be staying on a sinking ship. Anyone with half a brain would have headed for the door long ago, like her dad.