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lizzy241

04/02/23 10:34 AM

#406679 RE: couldbebetter #406676

CCB, Stepping back and thinking about your 2 part question, AD owns 25mill shares, and the window for acquiring additional shares has changed. Not sure what the SEC's final ruling was, I'd have to research. My vague recollection is it would prevent insiders from buying shs within a time frame before a material event occurs. I think we have to wait for the proxy meeting and the compensation package to be proposed. I'm hoping the BOD doesn't find some questionable items since the main hdqtrs are in Switz no one really knows or understands how the company actually was run. I'm assuming it was a very loosey goosey operation with a vision of dollars flying out of the windows!
So my question to you is how can AD justify investing more money in a company that needs to be reorganized? Maybe too soon to tell?