I think this was to stave off potential outrage. Holders of markers are wound up very tight. If there were to be a payout of 2.9 MM shares to holders of markers and see those markers simultaneously disappear, there would be calls for heads on pikes.
I also believe the distribution to be 2.9/190 MM or 1.52%. The original distribution was 25/75% of 190 MM.
Maybe true but it is interesing that piers is getting paid in FULL and employee claims are getting there cut.. Why keep us around til the very end and everyone gets paid Paid and not us, but we get another 3 year extension. I dont think we got extended for no reason. Jmho of of course GLTA