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What happens next? Can we get more than $2mm recovered?
Sorry, cheapstcks, I just saw your message in my inbox and replied.
I spoke with Omar Nassar who filed the 13-G this month, and he's interested in engaging in conversations with other shareholders to see how we can maximize the value here and get some liquidity for everyone. He gave me his email to share with other shareholders--I won't post it here but feel free to DM me and I'll give it to you guys.
Has anyone here ever had a reliable way of getting in contact with Thomas? I tried emailing recently and got no response.
Is there any movement in the case that you've seen posted anywhere since that March 2020 update on the receivership website? Also, do you know whether Thomas has been at liberty to invest with the cash on balance sheet to-date? It would be interesting if he had, say, been able to be investing that cash in BTC or something already.
I believe the holdup is the tax franchise board in Delaware.
ok thanks.
Just curious, when was the last time you spoke with management?
It's been awfully quiet; I wonder if there was a delay in SEC compliant.
I see. Much appreciated!
Got it, thanks. So do you have any theories on bracketing how much the sale of the domain generated in cash? Are you guessing the sale price was between $750k and $1.2mm for example?
Does anyone have knowledge of whether there have been any responses by the judge to the motion to discontinue? And is there any timeline under which the trustee must provide commentary to shareholders on the trust's status?
Does anyone know whether there is likely to be a financial statement/bankruptcy filing released soon that will reveal the cash proceeds from the sale?
ok, I see, thanks!
interesting, is there any particular Twitter user who posts info about it, or do you just search for posts related to $fndm?
Hi, just curious, where did you see that info?
<slaps forehead> my comments on legal fees were a fat pitch for anyone who agrees that it's not helping our cause when we attempt to clear up everyone's concerns on this message board. I guess no one can help themselves from trying to convince others that the price should be higher, while simultaneously hoping to find cheap shares. This is instructive about human nature, if nothing else.
Well it may be that no one else aside from us 5 reads this board, but I noticed that immediately following the comments on this board yesterday afternoon, in which several people discussed this being a $6+ stock which should be trading for at least $2 by now, the stock popped above $2.
Realistically, there are likely many readers of this board who never post, but when they gain confidence from posters here laying out the path to a large recovery for the company, one of them may choose to bid up the price.
It just seems to me that for a stock that has so much demand for the shares, we don't help our case by explaining how a high value could be justified, nor expressing our hopes to buy more. In an alternate case, where we are all happy with the number of shares we own, then it would seem prudent to advertise our analysis, in the hopes that anyone owning a stock like this would look to Investorshub for any incremental color on the stock or gauge the sentiment.
I for one think this has a huge risk of burning up its very small cash holdings in legal bills across numerous suits, for many years... That's a topic that's really worth elaborating on--any takers?
Trumpster and Kdawgfarm, it's probably best to not tout the stock if you like it. Better to purchase and allow price to be as low as possible, as long as possible. The flurry of messages in the past 2 days caused a big jump in price--not favorable for those of us wanting to add.