Bio-on EX CEO Marco Astorri who is under house arrest during the corona / covid19 confinement measures.
How lucky is that? Your house arrest is transformed into a corona confinement.
Remember that Italy has the most severe confinement measures in Europe at this point in time.
In Short
Bio-on has been declared bankrupt.
The official reason was mismanagement by CEO Marci Astorri.
Marco Astorri claims it was a conspiracy by an Israeli- American investment firm who spread rumours and short sold Bio-on shares.
The trial of bio-on has been delayed from April 17 to September 25, 2020.
Will the company and brand name Bio-on survive?
Will Justice be done in Italy?