RE:Delisting of GranadaFrank will do everything he can to keep the company going, that way he will pick up his big payoff when he sells the company. The problem for shareholders is that he may be forced to accept a low-ball offer.
Year end financial accounts are out in 5 weeks and then 5 weeks later Q1 of the new year FS will be out. Important figures will be the trade creditors and cash position.
The big question is can he get a financing done? Will anyone be interested in coughing up new funds.
A JV would be an alternative but Frank doesn't play well with others.