I will not be likely to applaud the overt advocacy of good men choosing doing nothing... less when there IS profit enough in doing the right thing to validate making the effort.
If there is $10 million dollars in the result, that's more in the per share result than some paid for their shares, making it a not insignificant issue... for CLYW shareholders.
If it costs more than that $10 million just to address it ?
Or, if there's less benefit in addressing it than not ?
What's right and what's reasonable might be different. The Delaware court might find the amount at issue too trivial for them, relative to the alternative uses of their time... and particularly if the problems apparent can be managed well enough without a need for making any additional effort.
As Sosa so amply demonstrated for us, again, the egregious nature of the management's intentional violations of the law and the public interest, and of the court's power and prerogative, that were occurring... probably required the court to address the CLYW issues, whatever the dollar amounts. I'm not confused, still, about that meaning that they must relish the opportunity to be forced into wasting their time on dealing with the antics of two bit clowns... and their effort in generating distractions. So, I'd be completely floored to see Delaware seeking out tar babies to attack, that way. I doubt they would, unless there were more that was at issue than just the linear bit in the dollar amount.
So, that doesn't mean the Delaware court needs to bother with it, if its not in their wheelhouse to address it... when they've got better things to do... but, neither should they bother with an effort in obstruction of it... if respecting others rights and interests will require doing the right thing in addressing it.
And, who knows what other values might turn out to be attached to and revealed by the effort ?
It might prove synergistic.
Or, it might just prolong the distractions... and enable them.
Probably still way too soon to tell... how things might evolve.
I still think that it's mostly another canard... right now... compared to what IS the proper point of focus right now... long before the outlines of the product that will be being crafted in a result in Delaware... are even vaguely apparent.
Might be useful to T-Mobile to bring it up just now... more than it would be useful to anyone else... ? So, it still might prove useful to run a quick check of the registration on the clown car... since it's already been impounded...
I still think the receiver has more than adequate power to address the things that do matter, more even than others seem ready to admit, which likely enables him in addressing only things he needs to, without having to chase after every loose end playing whack a mole... so, I doubt that will happen.
Still makes it amusing enough... when you see the blade drawn, and the court jester being volunteered to stick his head right there in the opening in the guillotine... thinking others must care enough that they'd have to struggle with not bumping the release... ?
So, for now, I'm cool enough with whatever others want to do...
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