RE: CASE INFORMATION - COURT DOCS
Thank you for the link.
I agree with you that even large entities take losses and that shareholders hold on to the hope that because big players are involved there is hope.
But the timing of Gore Group and Silver Lake involvement is, indeed, curious to me.
We have details and timing of Gore Group funding, but not so with Silver Lake. I'm surmising that since they noted becoming beneficial owners as of 12/31/12, they had recently provided some financial consideration to PWAV for which they received payment "in kind" in the form of shares.
In this apparent end-stage of PWAV's operation, they appear to be attempting to delay the inevitable. However, based on Gore Group and Silver Lake individual track records, I see them well aware of what they were getting into when they engaged with PWAV; and, further, that they saw a profitable outcome for their respective interests. PWAV common shareholders will not likely see a profitable outcome; but I believe we will see profitable outcomes for both Gore Group and Silver Lake, indeed.
BTW, are you aware of any connection between Gore Group and Silver Lake? That would be an interesting item....
