Hi Gold,
Pertaining to the Kay buyout statement.
You are correct Kay wants to sell the company and I will give you my personal insight as to why. This coming from many friends I have who do the exact thing and live in big shiny houses.
All of the main players in SFOR are veteran business and technology men. They have done well but have always contributed to a company who profited off of their skills at a amount probably not commiserate of their pay check.
They are just good old fashioned entrepreneurs who believe they can make more for themselves rather than collecting a salary.
If you notice, they keep a very small staff. They run the bulk of their contracts through businesses like Alvarez. This keeps their overhead very low by not having a huge payroll, HR department and everything associated with growing into a large company. They have been there before and know what that entails. I don't believe they want any part of it again.
These guys each invested a lot of personal wealth in this company. They have even forgave owed payroll to themselves to make this company work.
It was mighty touchy in 2015 as they had exhausted all funding sources and had turned to risky, toxic financing to fund their last-ditch effort of the lawsuit.
They squeaked by, rolling 7s in the end. They paid off the bad debt and I am sure they will pay off the rest as contracts generate revenue and they reach agreements in their suits. Afterall... a lot of the debt is money owed to them through personal loans.
In the end they want to make all of the money off of their work rather than JP Morgan, Bell Labs etc making it on their behalf. All my opinion of course.
