Thursday, June 14, 2018 2:08:16 PM
Whiplash, I agree that it would be best for someone to sue Frasier. Personally, I've thought about doing so -- a lot! But for now I am just going to hope that Frasier sells IDLM. That seems to me to be the best way we all get paid.
Marcus knows that IDLM could be grown rapidly by someone else, and he knows he is not up to the challenge. I think he clings to IDLM, because that is the main thing in his life that gives him any relevance -- and he realizes that he lacks what it takes to do this all again. But eventually the difference in value will be too great and he will get an offer that makes too much sense financially. E.g., a 20c offer would be worth $8M to Frasier...
I am obviously NOT an investment advisor.
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