Redwood Group International (RDWD)

[DesertSon]

This is all ancient history, but MCF hosed SEIH pretty hard, especially with the disastrous r/s. But I doubt they got a ton of money out of this lawsuit. In fact, I'm definitely not upset about MCF's advice to eliminate the La Jolla Cove financing - that was a dilutive crap deal if I ever saw one. SEIH probably is in better financial shape now than it would have been if they hadn't terminated that agreement. Of course from a PPS/shareholder perspective the r/s was the big killer. The key thing is that with their new relationships they are in a much stronger position from a basic business perspective going forward. As for some form of compensation for shareholders that got destroyed by the r/s or some kind of share buyback, I wouldn't hold your breath. The best thing they can do is just deliver all the good things that are in the works. Everyone who's on board now will be in great shape when that happens.