jog49
11 hours ago
"I'm not too worried about a reverse split, as you still have the same value regardless of the number of shares. It doesn't matter if you have 1,000 shares at $1.20 or 10 shares at $120."
Your 1:100 RS example is a little extreme, wouldn't you say? Be that as it may, there is a $2 rise in share price, for whatever reason. Which would you rather have, $2000 or $20? A simple end to conservatorship and relisting on a big exchange would see share price quickly zoom to double or triple digits simply based on current performance.
MRJ25
1 day ago
What is the difference between appeal vs overturn the jury verdict ?
I am not a legal scholar, but this is my understanding.
An appeal has to be done in an appellate court.
So, Lamberth's case has to be closed before an appeal can be filed.
Whatever Lamberth's ruling is, either party has the right to appeal in an appellate court.
So, look at what is happening. The parties wasted a good 4 months after the verdict to figure out the interest rate and payment schedule.
That work is all wasted, because the payment schedule expired in January. Now waiting for a motion to overturn.
In my opinion the parties are giving the government more time to resolve this issue. So, nobody has to rule.