Mass layoffs today at Minerva. On the Friday before the NSM. Those that aren’t laid off, are put on a PIP. RIP Minerva.
Wow - this company continues to tank. The reverse stock split gave them little boost...but now they've officially let the NASDAQ know that they will be "voluntarily delisting" their stock. The rationale given is that "it will give them more time to focus on the business and put their resources into growing the company". Translation: we are dying fast and can't afford another reverse stock split. Our creditors won't give us any more money, either, so here we are... How much longer will they be around?
