The letter also states they have 5 days to hire new lawyers. Don't see that happening. I think they are ignoring all financial issues and using all cash flow to keep the manufacturing going. They are looking years down the road hoping they increase sales to the point they will be able to afford to pay down debt. I still cannot believe they don't want to pay their attorneys. All of that talk about not wanting to stay current with the SEC because of the KMG court case. Now it looks like they are just walking away. All we can do is wait and wait. At what point is the SEC going to take action if HJOE was using this case to delay getting current?
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