It is the management, the parasites that holding it down. The accounting issue is not big, at least fixable. But they use it to fend off the proxy war and buyout. Time to eradicate the management entirely. Do not sell cheap.
I thought with the departure of a couple of the key parasites in management would solve things or at least get us started on the right track, but we still have several more to go like you said before this company can move in the right direction.