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LocWolf

11/19/23 10:20 AM

#17949 RE: Digdeeper17 #17948

That is absolutely correct, about time you posted.

Without getting into details that don't matter HDC received a couple of $millions and MUST holdout from locking the door because they must face Vennwest for several reasons. As for the comment made by Fromholzer I guess people here don't know that all machine learning is going to/towards AI but HDC is NOT, no way in hell.
....as for a proud Interim CEO ..... clearly an echo chamber and even if? he/she has stage fright.

chazzy1

11/19/23 11:49 AM

#17951 RE: Digdeeper17 #17948

Digdeeper17, you may be correct in your rather grim assessment of HDC's future, however, IF the settlement contract with Intel (which no outsider has seen) stipulates more than the mere $2.25 million, and IF Mr. Fromholzer was alluding to actual facts which he was aware of, and not just spouting conjecture or hyperbole, in his rather optimistic parting remarks, and IF Mr. McGovern did not leave behind a wife, but an ex-wife, then your story starts to lose a little luster. Another pertinent fact to be considered is that the family and friends of George McGovern are loaded with shares of company stock. I just don't see them being left to fall through the cracks. JMHO.
Bullish
Bullish

Zenos Arrow

11/19/23 12:04 PM

#17952 RE: Digdeeper17 #17948

>>>My thoughts are the Family said throw in the towel ...
This was dads Gig and were moving on ....>>>

Yeah, I purposely didn’t include the “giving up” scenario. It seems even less plausible, since the stakeholders are numerous; large shareholders aside, you have (most likely) a 40% stake in the law firm of Dunlap Bennett & Ludwig.

Multiples of millions would not be left on the table because “it was Dad’s gig and now he’s gone” is hard to reconcile.

Attorneys and law firms have metrics they use when wooing both law firms and clients. Cases won, dollars won, high-profile cases with high-profile companies are the cornerstones of their value. A win with a losing settlement might be harder to explain than a loss itself. Just can’t imagine such a reputational stain occurring because of an Atlas-like shrug from the Plaintiff.