RedHawk Holdings Corp (fka SNDD)

[Divest]

You are correct that long term as in a few months it doesn't matter. But you have agree that if Schreiber's goal is to load up then it's in his best interest to slow down any progress the company is making so he can load up a enough shares to capture the market using the company's own money. He is fighting for time nothing else, and if he can accelerate the settlement agreement payments, he will have money within a month to reload at the company's expense.

That motivation makes the most sense, if all he wanted was money and he didn't want to load shares again he would not have filed his motion 4 days before the 10q was due. Even the timing of his filing appears to have been calculated to damage the company's stock price.