FJ-215
Regular
Hi Rocket,
Just my view, I don't think you have too much to worry about. LDA & BRN are on the same page, the POA still has at least a month to run so I doubt our SP will move too much. We gave LDA 30M collateral shares that they can sell and they have been (see top 20). What would happen if they sold all of those shares at an average price of say 58 cents with 5 weeks of the POA to run and then BRN revealed a deal with Samsung and the SP went to $5.00?
LDA would BE TOAST!!! They would be over $10M out of pocket.
Not going to happen.