A Facebook group titled ex-Geojerk is reporting massive layoffs at Geosign:
"A recent reorganization at Geosign has eliminated my role with the Company."
Massive layoff at Geosign leaves many pondering their future. The severance package paid out over a period of 8 weeks seems to be suffice, and those who invested in the Company will be getting back every cent they put into the company. I hope there's interest on that.
Anyone know what scale this is too? Any other arbitragers feeling the pain? What happens with that $160 million investment?