BNPD RED for the week. High and close of this Fri is lower than of last Fri.
One of the comments going around is that Pawson just needs to sit and wait; it is Gouger that has to initiate some court order to follow through with some temporary action.
But I doubt too many will really know all of what went on when Pulver gave those shares to Pawson or all the specific details attached to the issuing, and I'm definitely not going to defend either and try to distinguish differences of who’s a crook or a thief.
Many will not pay attention to what will happen to the shares and it will have every effort to have hidden any problems to the general public by all involved.
But it does and will bring attention by any regulatory entity and with the increased scrutiny of these transferred shells, may continue to be an issue. Whether or not one wants to believe that these shares were "stolen" or not, the real fact is that they were issued and are floating around like some sort of stinky goo on a scum pond. They just don't go away with a magic wand or the mere statements of BNPD hype.
That’s just the way it is with these shells. I've stated before that they are getting to be like used TP and too many of them should have been flushed long ago. There are always some issues involved with them, just the way it is.
IMO, I don't think any of these guys really want it in the courts (i.e.: on Pacer) and common sense would tend to think that some other means would be used in order to move on and have the issue settled. I would half expect some sort of note or debt listed, but who really knows at this point.
What exactly that is going to entail is all part of the waiting game. But any real and total disclosure and/or total openness from the pinky company will only be found on BNPD hype and paid promotional ads, twits, misleading fluff PR's, etc in "future looking" or hype words only.
Reality, it is what it is.
