Normally, you and I are at opposite ends of the spectrum. But I'm beginning to believe IHSI is toast. Devon and Phil and their legal team, had 1+ year to prepare for this case, and they couldn't even make the case stick. One year. For Pete's sake. I'm unsure if this is because of an unfair trial or simply IHSI's legal team was/is very unprepared. Either way, 30 days to appeal, I don't see how IHSI can pull a rabbit out of the hat, adding any further evidence proving they got shafted, especially after failing on their BIG day in court with 1 year to prepare.
Honestly, I still strongly believe TCA really f*cked IHSI here. They pulled the funding, and didn't follow through on expectations of the loan. It's like taking out a business loan for a large construction project, and the recipient only receives enough funding to complete the foundation. How in God's name, can company x complete the construction project so they can list the building for sale, if said financier rejects the terms and declines the remaining funding?
Bottom line: It can't. It becomes a dead-end game.
So my question is, did IHSI truly get a fair trial here?
There is ALWAYS appeals to a higher court. But my confidence is waning.
There's the possibility of a settlement between the two entities, but at this juncture, I see no way how this would benefit IHSI, unless they have a card yet played up their sleeve.
Meanwhile, my attempts to reach Devon (emails, phone calls and VM's this week), only stirred up more crickets. As a shareholder, who's vested considerable funding like several SH here, we deserve better than this.
My confidence level now less than 50% and dropping, and I'm starting to reach the bubbling and highly p*ssed off level.
AI
