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Re: pumper_stumper post# 43449

Wednesday, 10/26/2016 2:08:33 PM

Wednesday, October 26, 2016 2:08:33 PM

Post# of 47873
You don't get it. There was an option to price the product higher which could have resulted in a much stronger ISC, and therefore a much higher eventual buyout price for PP to rake in the dollars. This really is a very simple concept.

Whether that could have occurred or not, I don't know. But it is viable to speculate (as I am doing) that PP cared about the ISC approach to come in at such a dramatically lower price than the product had been selling for, and that may have been why Glenn was fired soon after the dollar amounts were made public.

To think that PP had no care in the world because they could still have taken over the assets is to ignore the VALUE those assets would have had vs the alternative of higher pricing. Geez...

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