Quote:

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This does seem to be more of an effort to knock
the share price down -- so outside entities (probably ACS)
can pick shares up at an extreme discount. ACS still
needs to pay for the IP ...... if they are a majority
shareholder I think that payment will disappear.

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You may be spot on with this analysis:

Evidence that seems to support this theory: CEO Mark contacting larger shareholders individually a month ago and trying to get them to sell their shares. Why would he do this otherwise?

So shareholders are just collateral damage here?