A shame!! Rick Player had a vision and a genuine interest in the future of students. He did bring something new to the training industry and would he have had the full support of his fellow Director it might have worked.
It is greatly appriciated that there are a number of students who lost money and of course the added strain of how to continue their training, to those people I say; keep going, this time research and vet the school well before you sign up. MOST IMPORTANT, don't fall for the "CHARM" of the chain smoking salesman.
It is obvious that the company made a lot of bad decisions and went against good advice. They had the respect of a lot of important people and organisations, one of these organisations even offered them a deal which would have sealed their future. It was turned down, reason "snobbery". It was all thrown away for a quick profit and greed, and worse an ellement of missguided self-importance, especially on the part of the "chain smoker".
Rick, Instructors, students and staff you have my sympathy and good wishes for the future.