The company warned that its losses, the pandemic and pending debt payments raised substantial doubt about its ability to continue as a going concern. Yet in June, while it skipped a $6.7 million interest payment, the company awarded its executives and other key employees more than $5 million in cash retention awards.
Such awards are often given before a company files for bankruptcy.
Therein lies the problem with this "SYSTEM" that is in place. The excutives should be stripped of those BONEUSUS and jailed. Their property including that which has been hidden should also be forfeited.
Same thing should have been done in 2008 but it wasn't
