Quote from: Ilan1 on August 19, 2014, 05:22:14 PM

This facade is just going to go on and on and on until there is nothing left to liquidate as the chips will be become worthless... IMO the best way forward is for the new CRO or whom ever to agree a sale over the remaining inventory, tangible and intangible and then do HF to pay back the creditors what ever they can get.

Question is who's gonna buy the chips? Who's gonna buy the IP? Is anyone actually proactively looking for a buyer? What we waiting for?

Apparently we are waiting for the lawyers and CRO to collect more money from the poor creditors... shame shame on the committee for allowing this travesty to happen.

Nobody is buying the chips and the IP isn't worth anything as all the engineers have left that created the IP and the rest of isn't HF creation -=its another company in silicon valley who's already out shopping it and selling it. Simon thinks he's created everything that other competitors are using but according to their testimonies no other competitors saw any value in what he'd created. Maybre there is a slight flaw in his thinking? Or in the CFO or CRO thinking there is value there? Dump the assets to liquidation and move on to court trustee. Otherwise its just a slow cash burn death and creditors are screwed.