I would appreciate it if a poster is making a legal conclusion that they disclose to all other posters whether their legal conclusion is the result of being legally qualified to make these conclusions, or whether the "concluder" poster is stating an opinion.
loanranger, That was my general understanding about materiality also (non-expert me).
I am fine with waiting for the Q to look for info. I certainly won't be getting all worked up in a lather about something that no one here can prove (good or bad). I also don't really believe KB would so far remove DECN from the settlement proceeds that he couldn't access it if it was really needed to move forward with the sales/distribution of product.My guess is there is already a viable plan for that whether he chooses to make it public or not.
I work for a large multi-national and every employee (more 200k of us) is required to read and sign a nondisclosure regarding ANY aspect of our companies business that would hurt our chances of success or give our competition an edge. Suffice it to say that after the next couple of Q reports we should all have more than enough info to properly assess our investment here. thx for the response
IMO it is a simple issue on the $number provided by J&J - I do not need to know it - over the next 10 years, if it provides defensive funds for others in these legal battles then - mgmt. IS DOING the right thing to work on our future.
If that is not enough, sell and move on - it is that simple. GLA my investment is safe with how management runs things. GLA