Does Billy know what those ranges are?
I don't like the idea of being confined based on some limits an 'unrelated' third part set up. If they stole they should pay full price.. I hate the idea of them getting away with it, and a small settlement does just that.
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Here's a question/scenario for the group based on what you're saying here.
Billy tells the shareholders they can vote. Settle for $0.10 today, or fight it out in court where it could be 3-4 years before we'd see a dime, but he thinks we'll get $1.00-$2.00 in hand.
While I have no problem with someone wanting to take the money (especially those who bought in for nothing), I'd prefer to fight it out instead of a dime per share.
Again, my ideal scenario is that if this goes to trial, Billy takes this public, and I think that once we go to and eventually win at trial, we're trading well above a dime anyway.
Have a good week all!