Being that John Malone is in the picture, new website, coming out of Chapter 11 restructure, licenses, NOL's he Mr. Schmitz might just be earning his keep. We really won't know until the unveiling of the new website.
Bummer, I was really hoping to hear something with a little bit of meat. 90K is a huge! wow that just blows my mind. Hopefully this isn't simply going to disappear (I don't think it will). Way too many unanswered questions. I am still putting my faith in Malone.
Did the docs say when the next court date is? I will try to look when I get into work. It's still early out here in the west.
If you go to the secondary DIP agreement you'll see Liberty has a clause in there that Schmitz says MUST be appointed & his contract is for 90k a month + which ever bonus invectives he has so I guess as ridiculous 90k per month sounds at this point a contract is a contract? Considering its technically Liberty's $$ I don't know how likely it is that hes draining the $$. One thing very important IMO is this guys past experience in similar situations. Just my thoughts, I've been wrong before of course....also If you read the statute that delayed the hearing it seems its delayed over that pending civil law suite from the earlier investors.
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