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johnny8544

03/18/16 10:01 PM

#28756 RE: diannedawn #28750

I have tried to read through a whole bunch of posts today and did not have much time to do so.

Please advise if I am correct in that the last taug told us was that they were trying to negotiate a settlement but then never told us that the negotiations had failed and that this conclusion is based on info from the Court that case could not settle and that taug would soon be filing suit?

If so this is hardly very promising for the short term. In one of my prior posts I wondered what would occur if a settlement was not achieved and if instead the case would drag on with a suit filed which could cause big problems if taug did not have sufficient funds to sustain the suit and if Cowan ran out the clock.

Please advise if my conclusion in paragraph two above is correct and please advise if--- IN YOUR OPINION----the above scenario in the third paragraph above could come to pass and taug could start to run out of money and then either lose the case or have to settle for cheap.

Seth already has pinned his hope in a great settlement so IMO the above developments do not seem particularly favorable. Also, the Court info was dated 3/11 so is it correct we again have a failure by management to disclose?

Looking forward to your input on the above.

Thanks.

Johnny