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Monday, August 22, 2011 2:59:09 PM
The shares could cover only BPG expenses for debt collection. BPG may also request other items such an new contract re-dividing future royalties and adding new clients not covered under the former agreements. This will beat up COGS and GP% but could eliminate the need to restate. Such an agreement would also likely not have to be disclosed to shareholders. So, that is my guess of the deal on the table.
At this point, either the settlement did not go as planned or they don't expect to 8-K the terms.
“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw
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