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Re: FTR post# 3621

Thursday, 12/14/2017 8:54:45 AM

Thursday, December 14, 2017 8:54:45 AM

Post# of 7280
FTR this is what is very interesting.. It appears that Enersys somewhat or somehow relinquished the factories that were built and financed by us!! How Enersys did this nobody knows. But I know for a fact there was a five year deal that ended this summer. I am not too confident as us common share holders have any claim or at this point will receive any more than somewhere in between the current bid and ask. However, there is a long shot that the Arch boys are demanding royalties or a payoff from the tech Enersys acquired by us and are using today. After the five years were up the terms of the deal could remain the same or be renegotiated. What is left of this deal is the fact that we owned the transportation space and as you can see Enesrys has not entered it yet! Pardon my shortness about this but this is becoming a book of thoughts. I will say this for the last time. There is a chance that Enersys made sure the factories did not make any money and they built their own factory in California. Fiduciary responsibility could be an angle for the Arch boys. Notice in the bankrubtcy court all the claimants are settled but the asset side has not come to an end. I think the judge has giving Monbat and the Arch boys to come up wit all the money they can and present their findings to the court and this ends with whatever they can come up with and the judge decides. Until we see the disposition of the Arch/Verdant shares we are in the dark. We wait! All in my opinion and not based on any facts