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Wednesday, September 25, 2019 6:36:10 PM
We like to assume that Mark went current because of a pending R/M, but imho
it had more to do with avoiding an SEC suspension, since the SEC has gone back on the warpath against delinquent filers.
As i mentioned in an earlier post,if Mark actually put down $350k for his stake(which i sincerely doubt), why turn around and borrow a measly $31.5k from LG that end up costing 18 million shares, hence diluting himself and obliterating the stock price.
The man is clearly out of his league IMHO.
It reminds me of Edgar Bronfman jr selling the families Dupont stake to buy
Universal, and we all know how that turned out.
Unfortunately ego is everyone's downfall at some point, and since 2014 that is all we have witnessed imho...
Not trying, is a much bigger regret than failing.
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