Without stating the obvious, this now needs to be laid to rest.
Any offer for FFX would have to come at a significant premium given Leo's trajectory.
Put a red pen through Treadstone, return what cash is available, most likely what the BOD forgot was in the Petty Cash box & commit returning the shares post escrow.
This exercise now is nothing more than a 'drink the well dry' strategy by our tireless BOD.
grim outlook for liquidity, page-6
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