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Re: omtrader post# 15546

Monday, 09/05/2016 8:40:01 AM

Monday, September 05, 2016 8:40:01 AM

Post# of 24387
"Sell back" their shares issued?

That would mean they paid for the shares in the first place which they did NOT! They were issued as part of the initial transaction. If the Company was on the winning end the shares could have been ordered to be returned by the Court.

The fact that the Company had to repurchase the shares as part of the settlement is proof the Kroosses had the stronger argument to the Court. If this would've gone to trial the damage would've been more significant to the Company. That's why they were advised to settle IMO
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