TLDR: Jake goes into detail about how a pending lawsuit for 60 million dollars is holding up the process of RC dropping the hammer and issuing new shares.

The current plaintiffs are trying to get RC into a discovery phase where he has to then issue material providing details of his current and future plans. RC does not want this to happen.

The BBBY plan administrator is trying to become the new plaintiff that would push the current folk out of the case entirely. This is the best case scenario. We are just waiting on this action to continue with the ride of a lifetime to the moon.