Poor Chris. The guy never had a chance. He sort of walked into a hornet's nest and gave it the old college try. But as said, the debt and industry are just too brutal to overcome.

What is interesting is this new/newer bridge loan from F&M. Are these not the cowboy's who were working with Inspiration Mines trying to takeover another company awhile back?

Wonder why Jilin didn't step up with more bridge financing. Just what the Dr ordered, more debt with no hope of revenue.

With F&M involved, some sort of reorganizing must be coming. How Jilin leaves this mess with the least amount of blood on their face will be interesting to see. It does make one wonder if ISM is in the stands watching/directing this latest chapter. Just guessing.

R.I.P.