You have to wonder why now? What Bass & Co. did was horrendous. Was it horrendously stupid as well?
Does this delayed counter-punch happen now, a full 19 months after Bass publically torpedoed UDF, because UDF at long last has vindicating proof in the financials of no wrongdoing?? I certainly hope so.
Or is this lawsuit really just a delay tactic to buy time and take the focus off of UDF?? Maybe the financials can't be "fixed" so management has decided to go on the defense?? Is this a last ditch effort from a drowning victim on his way down?? Throw some sh*t back hoping something sticks??
Inquiring minds want to know.
This should be interesting. Bass was one of my heros but this whole UDFI incident had me rethinking why. :-0
UDF has 9 days left to reply to Bass & Cos' REQUESTS FOR DISCLOSURE.
Perhaps the response will be the ever elusive financials themselves?? They really are the only response worth anything at this point. Time to put up.. or shut up UDF. ":~O
Marker: United Development F (UDFI) $3.15 down -0.1 (-3.08%) Volume: 892
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