[fierarul]

Not sure what the angle should be here. The founders didn't manage to raise the company; it was soon to be bankrupt. Of course the founders would be wiped out.

Still, they have $300,000 worth of shares and "the buyer has agreed to pay US$10-million to key employees and consultants including Mr. Gagne and Dr. Bengio as part of a retention plan".

Business doesn't always work out. Getting a cool $1M after trying and failing is not the worst thing that could happen.

[908B64B197]

The company's value is in it's employees.

They have a world class expertise.

[fierarul]

That's not the market way of looking at it. How will a bankrupt company retain their world class employees? They are one missing pay-check and counteroffer away from moving elsewhere.