The loan might actually be real. I don't think that's an issue.(yet) The problem has always been when was the letter written and are people comfortable with it being dangled like a stick and carrot? The letter sounds great but the company has yet to issue any shareholder guidence on the VM litigation. The letter is basically worthless until/if ever a settelment with Montecito is reached. Volk played the letter defensively at the time of the departures... It's all very suspect.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.