What do you think of all this?I can't believe what I'm seeing here,what a bunch of incompetents!The only positive thing going is it seems to be holding at this level despite these idiots.I need a drink!!!!
Gotta believe the investment bank will eat all associated costs on this foul up. They are responsible for compliance with all regs and laws. Image damage to INKP management is an intangible...wonder if the investment banker has good E & O coverage?
Also wonder if the planned use of the proceeds fell through at the last minute and this was a polite way to back out.