Posted On: 10/29/2016 11:29:59 AM
Post# of 72443
In case anyone is reading here for the first time, the Ashcroft Law Firm (which successfully represented CTIX against the Rosen Firm's now-dismissed ambulance-chasing suit) is getting paid with warrants to buy CTIX stock at 1.70. This means that their hundreds of thousands of dollars of legal work goes UNPAID until CTIX stock is well above 1.70.
Given that the "Ashcroft" in the firm is John Ashcroft, former attorney general, and the Sullivan who actually represented CTIX is also a heavy hitter with much government experience (and connections), the chance that they would have taken this case without expecting a big pay-off is approximately equal to zero.
So, somewhat north of 1.70 in the near or mid-term seems very, very likely. These types of people are not likely to take these basher attacks lying down. All I can say is: if I were a basher, or involved with the Mako/Rosen/other entities attack, I would not be able to sleep at night, wondering what kind of behind-the-scenes maneuvering is going on with government entities right now.
Given that the "Ashcroft" in the firm is John Ashcroft, former attorney general, and the Sullivan who actually represented CTIX is also a heavy hitter with much government experience (and connections), the chance that they would have taken this case without expecting a big pay-off is approximately equal to zero.
So, somewhat north of 1.70 in the near or mid-term seems very, very likely. These types of people are not likely to take these basher attacks lying down. All I can say is: if I were a basher, or involved with the Mako/Rosen/other entities attack, I would not be able to sleep at night, wondering what kind of behind-the-scenes maneuvering is going on with government entities right now.
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