Doubt there will be news. Well, maybe. But, the damage is done. CEO only needed to put something out with details to follow, to throw commons a crumb. Then the bloodbath may have let this close at a 50% discount rather than the 90%+ discount.

Now, any news might give, what, a pop of double or triple. Unfortunately, now there are a whole bunch of panicked traders who will sell into any upside. This sort of downside scares people. Losing 90%, even if not a big blow to one's overall portfolio, can be really unnerving.