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RMD1

01/22/19 4:41 PM

#41957 RE: Moose412 #41954

Well seeing that it was a $25,000 loan and he received a judgement of 475,000 shares when the stock price was at .6. That would lead me to believe that the attorney had accounted for his fees in the settlement. As I mentioned, he is a pro bono attorney. When you work pro bono, your settlement is usually a third. I highly doubt that TXHD paid him a value at the time $285,000 to settle a $25,000 loan. That would be more of a mafia loan.Like I say, the first tranche of 198,000 shares probably went to attorney and court fees. If he had money, he would have gone to a different law firm.