Monica is the incompetent person that has run this company into the ground over the last 4 months while she has done nothing to return it to an ongoing concern. She is now the ONE person that is holding up everything to bring in a CRO. Considering the only deal that she has come up with in 4 months is one so bad a Federal Judge would not even hear arguments on it, she should step aside quickly. More value would have been realized if they just accepted chapter 7.
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What a cope out. Monica is CFO. She is doing her job running the numbers, reporting to the Court (not hashfast btw). She actually has a strong CV as CFO. I doubt she would risk her career for Hashfast or anyone. "The only deal she came up with".... Please, tell me what proposition we had from the Creditor's Council? Besides a "franchise" deal emanating from Eduardo (still to be confirmed, mind you, but the research on that is fun). From what I read, (and I'm still trying to confirm as well, so if anyone knows for sure, correct me. I might have missed something), the IP was marketed and no real bites resulted (btw, in the LB deal, the IP stayed with the Creditors, they only got a licensing deal). The Chips? They are being sold (or were being sold I should say) to pay employees and keeping the lights on. But it's not a depreciating asset right? So who cares if they are sold today or in October? RIGHT. Sure. Of course. What other deals came to the table besides LB that we have not been made aware of? Who else has expressed interest and made a formal proposal? Why are we not being told? There has to be quite a few I am sure.