InvestorsHub Logo
Followers 0
Posts 226
Boards Moderated 0
Alias Born 05/17/2000

Re: campe post# 331

Friday, 02/09/2001 12:12:53 AM

Friday, February 09, 2001 12:12:53 AM

Post# of 4417
Really don't have a take......I would assume that --- no, make that a guess -- that perhaps CVI discovered how much money was or was not easily available to collect if they were to get a judgment. When they thought the process to collect any substantial amount of $$ was going to be difficult, time consuming AND expensive, they thought some type of a settlement of the entire matter was better.

Sure doesn't seem like we're expecting too much when we wish for some type of a release about the settlement and its effect on the company. I realize that PR's cost $$ (which CVI may not have) but I would think the $50,000? that Wally received would be enough to allow for at least one release every month.
Rich

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.