Can't even get the price up after laying off half the company
The market KNOWS that BK is now better than a 75% chance on this one. It's going to take a miracle to save what really never was a "going concern" and miracles just don't happen very often. They can't raise ONE MORE DIME and everyone knows it. So, unless they pull a rabbit out of the hat- the BK filing is cooked into the numbers with every day that passes. Just paying the bloated Exec salaries and turning the lights on and paying the lease will BK in short order. If mgt was for real- they'd all be buying back shares and taking salary cuts to near zero- but they're scam artists and are going to bilk this thing to zero. WHAT has Stoner done to earn one penny of his bloated, $600K plus per yr salary? NOTHING. That's all you need to know. Further, he and the BOD have dumped shares all along the way for yrs- it's the easiest gig and easiest money you can get outside of selling dope or being a drug cartel.