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MaterialMind

01/30/24 3:33 AM

#8726 RE: RealDutch #8725

Wasn't Laxmi saying they'd escrow everything except whatever amount needed to cover salaries/dividends/other spending? Maybe that also depends on the actual release date. I mean, if you actually do get the money around February 16th, then why not escrow it all?
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snow

01/30/24 4:37 AM

#8728 RE: RealDutch #8725

Thanks for useful information RD!
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karlacorn3

01/30/24 7:46 AM

#8729 RE: RealDutch #8725

RD, Respectfully…I guess what I don’t understand is how/why there were only guarantees regarding the dividend timeline when the deadline for the vertical purchases was established. Everything was simple, buy in to the verticals by date “x” and receive the subsequent dividend by date “y”. I’m unclear as to why all the issues (realized and potential) were not disclosed? People are making strategic financial decisions and the info provided currently is delivered as “matter of fact” which means prior knowledge.

Baffled.
K