I still see KK Dispersal of Settlement Funds as my previous posts; with the addition of FCC:
- Deduct Payment of Attorney Fees (~15%) - Deduct Payment to Preferred Stock Owners; BTZO / KK can do whatever they want with this - Deduct whatever KK decides to Re-Invest into the Technology; money to fund KK privately owned FCC - Leftover Chump-Change for 14.0 million owners of Common Shares - Royalties are a Wild Card
I would like to see KK throw some chump-change to Common Stock Shareholders; maybe KK & Company own some of these shares as well.
IF Settlement is $140.0 Million then: - 15% = $21.0 Million to Attorneys - Say One-Time Dividend to Common Share Holders @ $1.00 per share = $14.0 Million (assume KK et.al own Common Shares as well) - Remainder = $105.0 Million for Preferred Stock and FCC "Re-Investment"
Everyone should be happy; Us Long-Time Investors who believe in the Technology and KK spending the $105.0 Million.
I guess I'm too middle-class. I can't think of any need for $105.0MM. I would have enough trouble spending 14.0MM; can't think of anything that requires the additional $91.0MM. LOL