If the vote passes, retail investors will lose all meaningful leverage.
That’s why postponing the vote is critical.
Consider this: the company just reduced its workforce by 70%. While the savings won’t show up immediately, the ongoing cash burn (run rate) will drop significantly over time.
If major decisions are being made without proper consideration for existing shareholders — especially when most are not even fully informed — it creates serious risks for everyone involved.
FBR Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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