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Monday, January 11, 2021 7:23:08 PM
Now this is interesting...at one time in the past they brought a lawsuit against Wiley. So my question is - WHY, WHAT convinced them to accept these terms at this point in time after going through that hassle ?
I mean would you trust and deal with the founder of a company that you brought a suit against ? I don't think Mike and Glen are stupid people. They are large shareholders of ATWT, though. HUH
A real shame if 6 smart minds cannot band together and figure out a way to PROFIT greatly from their ATWT shares. In fact, 6 people (5 Households) own a vast majority of the company.
Now - let's flip it around...WHAT benefit would be derived for Alex and Darnell to give 4 men tens of millions of shares if there was going to be a constant fight as to whom will dump the most shares first? It doesn't make logical sense and NOBODY would agree to terms if their MILLIONS of shares were the last to come out of "Restricted" status. These guys MIGHT be sketchy or they might be great businessmen. Don't care, But either way - my bet is that they are NOT STUPID. They are accepting these shares to make $$$ - which means to me someone(s) are already lined up to buyout Alex/Big Cat. DD had to have been done. All IMO
** Restricted Shares generally become Unrestricted upon a material event, like a change of control. When I say BUYOUT / You say....
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