Tuesday, April 18, 2023 6:27:42 PM
The strongest indicator that he will ultimately lose with WNFT is how drastically different he has handled everything for the share cancellations with SRNW and GVSI.
Those cases were filed in December and January, listed all shareholders as defendants, and have been slowed due to the requirement of serving the defendants. Later this week both companies have hearings to request service by publication, which was also never done for WNFT.
It seems clear to me that they're following the proper procedures to guarantee that there is no issue like with WNFT, but that also indicates that they expect the NVSC to rule against them. If they thought they followed all proper procedure with WNFT and would win, they wouldn't have bothered changing the procedure for SRNW/GVSI.
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