Patriot National Inc fka PN

[MAK517]

I disagree.
The agreement that gave the $30,000,000 to the other insurance company is the same agreement PN had for years WITHOUT paying a cent. All of the sudden the majority shareholder of PN and owner of the company receiving the $30M (the majority shareholder and owner of the other insurance company are one and the same) decided to demand a payment of $30M for the same relationship PN previously had for no $. It is a $30M transfer just for the major shareholder of PN (owner of the company getting the money). There is no rational reason behind it other than to fleece and take $30m.