There will be no money from any action against 13d, should 13 d lose the proxy fight. The “Investor group” is a single purpose entity with no assets. If NP is dumb enough to pursue that entity, should he prevail in this exercise, a dime will not be collected. Just more misguided energy and resources from a company with a major cash drain and no income in sight. ( The lawyers would love it though).
On the flip side. The money being spent to retain the services of the guy continually being caught stealing from shareholders will never be recouped.
Nothing has changed. Nader is a historic flop, felon and liar. We know that. We also know 13d picked some bad lawyers and has received some bad legal advise on the proxy initiative and this rightfully gives supporters something to crow about.
This is nowhere near the level of the DOJ and SEC investigations for Nader comments of LL and failed trials. Nor does it mitigate any of NPs failures with the HIV BLA and CoVID trial failures and bevy of lies.
Whatever team is on the side that “ Nader needs to go “ has to win to get LL to market.
The legal failures of 13d do not prove that Nader has suddenly become competent. There is zero nexus between these concepts. Is there more to debate about…yes.
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