If the patents and product didn't make any value first time around why would you or anyone else think diferently for another attempt. It was a very weak product.
Shareholders will be lucky to ever see a dime, they are at the bottom of the list after debt repayent,government,financial institutions,other creditors, suppliers,other companies, preferred shareholders (if any) and then finally last of all common shareholders.
Good luck.
Kat.
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