Dich, there is an UNDERLYING question, I believe, to answer. Simply, why???? Why do "Low" and "BO" and "Lumb" and others accept a smaller piece of the pie? Yes, they want tradable shares and the ability to cash out. Yes, that provides a PRO of support for FFGO. But, why did they do it in the first place. This question, I believe, has to be answered to make any sense of all the "supporting arguments" that really proceed after it.
The strongest position for this argument, to me, is the place where their self-interest is directly correlated with your self interest.
Companies provide dividends to promote higher share prices, create goodwill for future growth, shareholder loyalty, etc... As a company on a fast track to going dormant, FFGO did not appear to have these future looking reasons. FFGO, as we know, did go dormant.
WHERE IS THE SELF-INTEREST FOR FFGO???
WHERE IS THE WHY????
Yes, you and others have proved that they appear to have self-interest in getting the deal done NOW. But, what was their self-interest THEN. What made them offer shareholders an extraordinary dividend in the first place. Why wouldn't they keep the money themselves. They are not a non-profit. This makes me question this whole line of reasoning. I am skeptical of someone not acting in their self-interest. Unless, I know of their reputation of altruisim or genorisity, I question their motives.
It is easy for most to gloss over the THEN and focus solely on the NOW. But, to focus on the NOW, you should understand the THEN. We really have no clue to the THEN that I have heard.
If this is an altruistic gesture to promote goodwill to FFGO, I will always remember FFGO fondly when I cash in my A&B's. But, until that day comes, I must question altruism from someone I have never met or someone who has never explained WHY?????
AI
