Ann: Voluntary Suspension Extension, page-11

Won’t trade again until May 27, at the earliest, according to that announcement.

CR money is paid back on May 26. With no directors named the CR pull-out will be virtually unanimous. When that happens, the lights go out two weeks later, barely enough money to pay an administrator to seek the IP and maybe pay some creditor invoices.

This goes straight to VA and never trades again. Damn. That sucks.

The only chance this survives at this point (a no more than 0.0000000001% chance) is that there are just a handful of investors that make up 90% of the CR and SAS know they are staying in. If that were the case, however, the MM wouldn’t have spent the time on the phone with every Tom, Dick and Harry two-bit retail investor. Nope. She’s a goner. She’s not pining for the fjords; she’s a dead parrot.

Unrealised financial losses likely won’t make this fin year but they will likely be available for next year.

IMO