RE:Bankruptcy ?... or reverse split ?I know this has been a difficult day for everyone. I believe we will see a management change in the near future, whether that includes MG is something we will know soon. Whether MG is still CEO or he steps down and the BOD picks a new CEO, we will need to do a financing regardless of that outcome. It is like starting over again, this happens way to often on these smaller exchanges when companies don't exceed the first time and need to do a reset (and in this case it may be more than once). This financing might come on the heels of a reverse split. I know this is not the outcome everyone wanted, but we have to look at it realistically. The company burnt up all the cash, they sold EV for a fraction of what we paid and the stock option mess.
I truly hope something does happen quickly in South Korea and a possible buyout or just a joint venture with a large corporation, something to inject money into the company so we don't have to do a financing. GLTA