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sstyles

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sstyles

Re: jessellivermore post# 259932

Wednesday, 04/01/2020 6:13:23 PM

Wednesday, April 01, 2020 6:13:23 PM

Post# of 426489
JL I agree it is a travesty but judges are human and unfortunately for us shareholders....judges are prone to error.

This is exactly why the CEO and senior management should not have taken this case to trial. You just don't do it especially when you are a one product company. Look at the drop in market value from day before the Judge's ruling to now. For sure, it would have been cheaper and wiser to settle.

This was bet the company litigation and that bet proved beyond detrimental. I don't know what our Covington lawyers conveyed to Thero but the conservative in Thero should have forked over money to settle.

Let's hope senior management has a game plan in place for a scenario such as this where you lose the trial. The clock is ticking....

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