Great point. Let's use the high end of damages by the expert. For simplicity, I'll just round it up and call it an easy 400 million. Let's take a look at what the shareholders get. Keep in mind this is all just IMHO...
1) 400 million minus 40% to the attorneys (that we never heard we got into a material agreement with - they can't be doing it for free - smells like contingency) takes us down to...
2) 240 million. now for the 28% to Daic but that's probably based on the 400 million...oops (why because if it can go one of two ways and one of them is against the shareholder then that is usually what happens with Collapso). which promptly takes use down to...
3) 128 million minus outstanding debt - call it the receiver, rent Turrini never paid, money that's owed him and Kyle and Dave and then the other shareholders that put money in. Heck let's call that 28 million....
4) 100 million left over right. But now lets figure out that there are 300 million shares. So that leaves...
5) 33 cents a share people. OUR BIG PAY OUT!!!!!
Now let's do a few variations...
Variation 1 - on line number 2 where Daic is 28% of what's left over after the attorney's cut. That will give us (using the rest of the same math) 48 cents a share...
Variation 2 - 100 million. I know, I am rounding down (using the same calc as 1-5). 1.3 cents a share!
Variation 3 - 100 million and 28% for Daic of what's left over. Basically, a combination of Variation 1 and Variation 2... 5 cents a share!
Good luck everyone! Send your THANK YOU card to CT and KP!
AI
