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Monday, January 01, 2007 1:28:29 PM
As for his comment that the odds are long that Petar and associates "do the right thing," I agree. But, OTOH, if you ascribe to basic human logic, you have to think that they are, despite protests otherwise, sweating some major "bullets" at this point.
I will reiterate that, assuming they are not totally lying and stealing, lawyers can fashion something that benefits "victims," and the victim here being the company in my opinion, if deals and businesses and revenue streams and assets are not as represented. Further, if there was personal benefit, as opposed to corporate SLJB benefit, that benefit can be traced and, as part of any settlement, put back into the company.
It's complicated and everyone won't be happy. Yes, I agree it's a long shot, but it's the only shot that shareholders have in my opinion. The SEC or the OSC may get us that vengence. Class Action guys will get legal fees. I don't think message board vitriol will get us anything.
Again, just my opinion.
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