Hey man, good to see you! We've both take a little hiatus from this place.
You hit the nail on the head, these guys have no idea about business. If it was me, I'd get in my own witnesses and boot them all out and start running this platform the way it should have been run from day one.
Oh well, like you say this will not end well for them if they pursue this further, let's just sit back with a bag of !popcorn and watch this space.