Given the company was unable to find any interested parties in...

Given the company was unable to find any interested parties in recent days to inject funds (and at a rate that would have handed them the company) it makes no sense to think that they'll pay even more now to take it over.

Why would a company pay one cent more than they have to in order to buy the company? Management are in no position to negotiate anything. If anyone co-owns patents then I'd say they hold ALL the cards.

I am still dumbfounded by the financial house of cards these guys built...we've been duped by true professionals.