Retractable Technologies Inc (RVP)

[JJSeabrook]

Unfortunately, I don't see that $300M hitting the coffers in 2016. I fully expect BD will appeal any favorable ruling by the 5th Circuit, as would RVP if they were to lose there. I think this is headed to the Supremes. I don't believe the Supremes will grant a writ on it, but I still think it goes there. No money will come in until after it goes up to SCOTUS, IMO.

Another thing that I've found extremely discouraging is that the money they DID collect got divvied out to the preferreds and they gave NOTHING to the common shareholders. What will they do with the $300+M once they do collect it? Is that also all going to go to the preferreds????????

I think it'll pop on the 5th Circuit ruling and that it'll pop again when SCOTUS denies certiorari. I'll get back in again after the 5th Circuit pop before SCOTUS does anything. When cert is denied I'll likely sell again then as I'm not so sure the common shareholders will reap any rewards,but there should undoubtedly be a good pop once the collection of the judgment becomes absolute. 2 more huge catalysts coming that I see on the litigation end.

Best of luck!!!