The company secretary and in house council, Thomas Walker, has been down this road before with ARTT. He oversaw the bankruptcy filing and wind down of that company after they "Could no longer raise investor funds to finance operations".
He's an expert at closing down High Tech start-ups. Is that what we are seeing here? A board asset stripping a company (Taking as much cash out in Microvision's case) as possible before filing a wind up procedure? It certainly looks like it at the moment.