It's my understanding that the opinion letter from the sec or whatever it was, was not given to him until after the merger. The way I interpret events, MK was relying heavily on representations made by Jeff about the details of NHSH in the early days, and it wasn't until later when promised financials weren't delivered that he took a closer look.
MK readily admits that he did not do enough DD on the individuals he was dealing with and what they were telling him during the Q and N sagas.
We can debate the details forever and not get anywhere. That's why I'm just patiently waiting to see which story line passes the test of time. The only thing I really want out of this is to see those who perpetrated a scam and deliberately defrauded investors get hit with huge fines and go to jail. It would be nice to recover some financial losses as well, and the only hope I have for that is for Seeker to be legitimate, so I'm not going to naysay what could prove to be the only hope for recovery.
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