Thursday, December 20, 2018 12:42:38 PM
Or they just cook the books and there is no payout regardless.
Zero to .195 range
The higher number is if the legal fees are grouped into the total settlement. If separate, then .0589 in my previous post.
"The CVR agreement permits the Company to acquire all or some of the CVRs, whether in open market transactions, private transactions or otherwise. As of September 30, 2018, the Company had acquired no CVRs."
Page 38
October 30, 2018 10-Q
https://www.sec.gov/Archives/edgar/data/1108109/000119312518312254/d617152d10q.htm
Question is....does the $318M reserve factor in the 10% payable by CYH and the $18M deductible.
If that number is in addition to those, then there may be a payout after all.
$318M - $264M for the $1.00 = $54M unaccounted for
That's where any money will be coming from folks.
Since there's still interest in the shares, the ruse might be in play, otherwise this would already be worthless.
All the SEC filings said zero payout from the beginning and yet it traded to .04 a few months ago.
Is zero really likely? That's what you have to be able to live with.
Good Luck to All.
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