Coda Octopus Group Inc (CODA)

[GMA13]

Possible Worst Case Scenario - IMO:

> The Judge denies the Motion to Dismiss. Note: A win of this type of Motion has been historically challenging for any Defendant because their arguments / replies must be perfect to offset the perceived strength of an Appeal which is always a concern of the presiding Judge. However, IMO CODA has a good chance of a WIN on the Motion to Dismiss.

> The Lawsuit moves forward & finally, the Plaintiffs receive shares equal to the amount that would have been derived if they approved the reorganization (with the rest of the Major Shareholders).
The LT debt holder gave CODA an 18 month extension for a very modest fee. They obviously see either a possible WIN or fair & reasonable Settlement.

IMO - It appears that Buying shares at .06 to .08 is truly a gift given that the Plaintiffs will not receive what they currently seek via their Claim.