Friday, July 11, 2014 5:20:31 PM
We also spoke about how a potential settlement or ruling would affect us shareholders...if a settlement/ruling occurs that amount minus operating expenses will be divided amoung the shareholders....
example: 34 million settlement occurs...Approx. a $1 per share dividend is issued (as I said, it may be .90 after operating expenses are covered, it could be .94...just not sure at this point...) that is the company's intention...
They will be having another shareholder conference call in August...I believe he said the 18th but stay tuned for confirmation on this...
All of the talk about reverse splits and severe dilution is just bashers trying to get in cheap...sure things have been painful lately but those who sold out need to realize that as quickly as this share price can drop even without news pales in comparison of how it will react upon GREAT NEWS like a settlement...all lawsuits are active and communications are ongoing...I'm holding my shares strong because overnight a settlement could be reached and this will move fast if and when they announce it...look at what a cupcake can do in less than a day....1,200%...sheesh...I wish I saw that one coming....
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