Thanks as usual Chevy, that was a very well written response.
I guess I'm just scratching my head as to why a settlement action of that nature hasn't happened yet given the time this has been dragging out. I guess you could argue it's not sizable enough for the big dogs to care, yet still out of our small investors' reach.
As it sounded like Granite was going through some hard times, I wonder why they wouldn't just shop around what they could get for the claim (as you said "pennies from heaven"), taking themselves out of our way. It wouldn't seem to make sense to let it drag out, for the reasons you already stated.
So, I guess if no one has approached them....and they haven't shopped the claim around we sit at a standstill and play the waiting game.
Hmmm $1 Million cash you say...gotta be some hedgie's out there that could use a bug in their ear. It'd be a win-win all around.
I shudder at the thought of being accused of being a Twitter penny-stock pumper about it though.
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