InvestorsHub Logo
Followers 12
Posts 3502
Boards Moderated 2
Alias Born 07/11/2022

Re: FEARANDGREED post# 65655

Tuesday, 07/18/2023 4:12:19 PM

Tuesday, July 18, 2023 4:12:19 PM

Post# of 69158

Some solid points (I just like going after your ass...take it as an odd term of endearment)



While we disagree on this, I respect you and appreciate your insight.

But yes, regardless of the ticker, standing still in the OTC is a dangerous game. No matter how much I believe in a tickers potential and/or eventual success, I refuse to miss out on lucrative price action.



I wish you had taught me this a year or two ago. I would have been much better off dating my otc stocks and not marrying them. Unfortunately part of that was because I never got the point of lucrative price action... The best was GVSI going up 200% before it crashed on me. But I definitely needed to cut my losses quickly instead of going down with the ship.


That said, my sentiment regarding the eventual outcome here has changed little. Based on the ones in my camp that know much more than I, my bet is that Sharp sees this trough.



I have to take advantage of the typo and say Sharp definitely sees this trough. As in trough to eat his fill! Or maybe trough as in this is the lowest point.

But I know you meant see it through, and you and I have agreed to disagree, so no need to get into that.


...This case could take a considerable amount of time to resolve, no one expected the court to demand more briefings pertaining to the issue of Calasse's standing in and of itself. The court is simply trying to cover its ass (at Sharp's and shareholders' expense) due to the lack of legal precedent here. However, I doubt Sharps team will take any where near the 60 days allowed to respond to Calasse's brief due on the 25th. ...We shall see soon enough I suppose.

If they find that Calasse does have standing...well, then its on with the actual appeal. I doubt that this will be the case but I have been wrong before.



Couple of points:
1- Sharp only has 30 days to respond, then Calasse has another 30 days to reply. I expect both to take close to the full amount because they always have.

2- The issue of standing is being added to the appeal itself, so they will look at that issue first but if they find that he has standing, they will just continue on to the rest. I think you knew that, but I thought it worth clarifying for casual observers that might see "on with the actual appeal" and think there will be further briefing.


As for the standing, I fully expect NVSC to determine that he has proper standing. The unique circumstances that allowed Sharp to cancel his shares without giving proper notice or adding Calasse as a named defendant also mean that Calasse should have standing to appeal. Double edged sword, IMO, and it doesn't make sense to claim that the court has proper jurisdiction to cancel the shares but Calasse lacked standing to appeal.

How can there be so much that you don't know
You don't know