Rodinia Oil Corp. V.ROZ

We could get lucky (I highly doubt it)

[stockeditor]

if the former management did indeed come up with something that was a bit complicated and required cash to proceed. Management did not want to incur any additional liabilities that the company could not pay, and is leaving the funding or the unraveling of the possible business arrangements to the court. This is entirely possible, time will tell.

[dirtmerchant]

the officers nor directors are personally liable for anything. The company will go into receivership regardless so management leaves or is let go