Good middle-of-the-night, CashByers,
Just to move your point along about no SEC informational filing about the Magnavape settlement conference this past Friday, let me offer a few thoughts:
1. If there were to be an SEC filing, I think it takes maybe a week to get it all together and post it onto the SEC-EDGAR website. The company's SEC lawyer would need to craft/review the draft before it went anywhere.
2. More likely than not, nothing came out of the settlement agreement conference, as the court compelled the parties only to meet, not to reach a settlement.
3. Even if the settlement conference reached "a number," the chances of Magnavape's actually writing a check aren't the best in the world. The option we read upthread here about "in lieu of settlement, just buy the company itself for something more than PLY is offering" actually would make a lot of sense if the company hadn't been ridden into the ground already, even as VHUB's agreement with PLY makes it really hard for another "suitor" to get into the picture.
Overall, there is so much more to the VHUB story than I believe will ever see daylight, pending whatever discovery comes out if/when the shareholders pursue litigation. Not that I'm that sharp anymore, but there are holes in every theory I've pursued in my mind as to how VHUB lost its manufacturing capabilities, failed to notify shareholders as to what was going on even as record first quarter financial results were being reported, and accepted the PLY proposal which does nothing for shareholders (even the three big shareholders - there isn't a salary large enough to make up for what the proceeds of 36 million shares should have brought). Folks with enough interest in the matter, a persistent personality, and good legal assistance (or a friend in the realm of investigative journalism) may figure this out, though figuring it out is not necessarily tantamount to being made whole.
