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Monday, April 08, 2019 12:35:10 PM
1) Back in October (approximately six months ago) ARYC's shares were in the 7 to 8 cent range.
2) So 70 million in restricted shares adds up to an amount somewhere between $4.9 million and $5.6 million. i suspect this is a payment into escrow pending final judgement.
3) So the possible judgement that ARYC could get hit with is probably going to be in that ball park!
4)Does ARYC have that kind of cash? it is quite a large amount, or will they have to sell shares(dilute)? I doubt they will give Taub shares.
5) I hope now people realize why the Taub case is a major reason for the holdup in financials, as I have been saying.
6) The positive is that for the Taub case, the end is nigh.
Sad true and depressing.
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