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Saturday, September 24, 2022 11:05:32 AM
Here are some other thoughts.... Nowhere does it say that the Callsse appeal can't get tossed by the appellant court at any time - and Mr Sharp still moves forward with his breach of fiduciary duty suit anyway.
In other words, one case doesn't really hinge on the other (although the fiduciary duty suit may procure a response from Calasse that is positive for Sharp and/or shareholders)
In short, I still believe that Calasse doesn't have much substance where his appeal is concerned (except the ability to legally drag things out).
The above being said....
Even if he was allowed to keep his shares, at least the matter would be closed and Mr Sharp would be able to processed with a reverse merger (or what ever he pleases) due to the fact that there would be a definitive share structure in place.
So really... In my opinion, the issue here is not really -"what if" its just "When"- Mr, Sharp Gets Calasse out of the way so he can bring WNFT to fruition.
Time and the lack of a definite share structure have been the true enemies here.
Worst case scenario ... It may sting a little, but if Calasse somehow keeps his shares, at least it will be over and done with... and then WNFT can move forward.
As I stated earlier, WNFT is still an SEC reporting - Fully audited company...
It has no dilution and no debt. And those a VERY good things.
This guy walks up to me at the horse track... As I placed my bet he scoffed at my pick. ....Then offered to by my ticket for half price..
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