The disaster of BRS Labs continues to unfold.
BRS Labs, after $100+ million in investment and now known as Giant Gray, has sued their founder Ray Davis and his son:
The deceit employed by Defendants to conceal their fraud and breach of duties knew no bounds and went undetected for years -- resulting in their theft of more than $15 million from the Company
We have obtained the company's petition in Texas court and it reads like a Hollywood screenplay.
Inside this note, we examine the issues involved and the future for BRS / Giant Gray.