Litigations against management will only make it worse for the company to ever come back.
Also I have not heard of any litigation against TSX.V company going well for anyone.
The market is saying the company has no future, does management understand this? The time to generate revenue and salvage the company's valuation was this back half of 2023, and they missed it.
Suresh's letter to shareholder does not address financial concerns, it's like he's living in 2020 where rates are 0% and money is free.