I am still struggling to understand how underhand and basically...

I am still struggling to understand how underhand and basically unethical the original underwriters were conspiring to basically force the GMV directors to sign an agreement designed to circumvent the solvency laws of USA. The GMV directors could well have ended up with free board and lodgings if this offer had been accepted.
https://gmedinnovations.com/wp-cont...cal-Update-NASDAQ-Initial-Public-Offering.pdf
The underwriters concerned should be reported to the SEC.
I am looking forward to an update from GMV directors on progress towards a new IPO. Maybe this could be combined with a full director and financial report for 12 months ended 31 December 2020?