I agree with everything you said above.

But who's going to make decisions then? The witnesses?

Well, isn't that the case already?
What did Ned do the last months? Talking about projects (SMT, Destiny, etc.) - that's it.
I did not see anything really happening - only talks.
For me, it looks like: clearing the wallet and then try to sell the company (which might not even be a bad idea).

Sometimes I try to find promising newcomers for @pifc. I'll let you know when I find a diamont ;)