I wonder if there would be any of the restricted 45 million ETGMF left to distribute to the stuckholders?
Thats been my point for months. Common shareholders are the last in line. If a creditor (i.e. successful litigant) chooses to claim the ETGMF shares, it seems to me the stuckholders are even more stuck. I've posited that theory on the RB board many times. Even asked several of the gurus what they thought. None of them would discuss it in any way. It is my thought that UC "magnanimously" elected to forgo his share of ETGMF because he knew very well they would all get eaten by creditors any way. Of course, his empty gesture bought him much good press and extra time.
Now what about this scenario: If the TF ever should get around to distributing any ETGMF that is available; what if one of the conditions is that one would agree to forego any and all claims against CMKX/UC as a condition of the distribution? Hence, the "settlement" that they are all so breathlessly awaiting. Would that not be the ultimate, the pinnacle of end games?
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