unfortunately, we are not retaining earnings on the balance sheet, for every $ we keep as an asset, it is offset by a $ liability, net effect on equity $0. SCOTUS missed this entirely with their "Moot" determination, basic stuff to anyone who knows anything about finance but they were too arrogant to seek an expert opinion, or worse, they were instructed to do this.
Have to get the concept of "liquidation pref" removed from the greedyment.
right now what they are doing is retaining the cash from earnings, but adding to the "liquidation pref" meaning its a trick. You, we all think they are retaining earnings, but what they are doing is creating a liability for it and thus in essence merely deferring the hand over to the greedyment.
what needs to occur is to quash that concept of theft.
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