He can keep fighting all he likes but the sad truth is that Banx is finished and the best thing for him to do would be to wash his hands of it and start fresh with something completely different.
bigmanintown was smart, he got out last year. He probably saw what was coming and decided to leave before it all blew up.
Now Banx can be freely traded but the market is very illiquid. There's barely anyone buying although I believe you are averaging down which I hope you've read up about because it often causes more problems than it solves.