It was clear that something was going on from the onset of the offer. What will the company do with this? Well, they created the environment that made this predictable, they did not address it over the two weeks from the onset, and they still went through with the deal at the maximum discount with a 100% match of warrants.
My guess, they will do nothing, bringing public attention to this would make them laughingstocks. Besides they got their 'platinum' investors, who could easily have been parties to this, and if that came out, further embarrassment for our iron sulfide exec team.
I would hope to see some redress, but the only people that took the hit were ex employees and mostly retail shareholders.
