They mentioned the banks would update them by end of January....

They mentioned the banks would update them by end of January. You would think that the poor existing shareholders deserve some news. Noticed the directors bought up quite a bit around $1.50 can the stock be this bad. I have some play money on this just waiting for some news to see where its going. So far doesn't look good. Citi have a latest target of 50c what would they know.