former CEO spreading false rumors hereSince former CEO could not bankrupt the company, now his family and he are spending time on this bullboard to spread false rumors to keep the share price down for his own good.
Please do not listen to his BS. You will soon find out why these people are spreading false rumors about the current CEO and other false info to keep the stock down.
He must be bored sitting at home with nothing to do. So his family and him spend their free time here.
Let's wait and watch to see what comes out, rather than listening to former CEO or his family. People who talked about company being bankrupt, it was almost done last year when newly elected Board left it after COVID hit and former CEO was excited that it will happen now. It is the current management and the Board that saved it by their own effort and injection of cash.
Former CEO ran out of money so he could not fight the case bankruptcy anymore and offered to resolve it. Once you know the details of the resolution, you will know why he wanted to keep the share price down by spreadig all of this false information about the company.