Retires and shuts down the hydrogen project.
https://www.newsshooter.com/2019/10/25/reds-jim-jannard-retires-shuts-down-hydrogen/
Sounds like bs, all of the bad press as of recent is far to much stress for a 70 yo man.
Once they loose the raw patent it should only take a handful of years before they officially close their doors.
Its what they get for years of shadow business practices and being the big bad bully.
Yes, you're also right. Even though, let's not forget RED helped to 5DII came out as well as nathlas accurately left expressed, the most closer serious contender by then was EUR 103,000 (Cinealta F900) I well recall if not else because I was in the middle of a cooperative project only to afford one unit.
I myself jumped out the RED wagon as far as investment concerns when 5DII just arrived. My purchase is from early 2009 and I even produced a feature shot on this camera model among several