Thursday, April 04, 2019 3:11:50 PM
I used to argue that the ultimate position was not predetermined as revocation as many have argued. I used to say that why would they spend all these legal fees unless there was some glimmer of hope.
Space made an argument that I hadn't thought of that they were doing this to avoid lawsuits.
An interesting possibility but I just thought about the fact that why would they pay an auditor for the Super 10K then? I can't remember how much and am too lazy to relook through their Qs but seem to remember it was > $20K
This brings me back to the fact that some SEC focused law group laid out a possible way out.
Thoughts?
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