(Total Views: 412)
Posted On: 09/23/2020 8:18:10 AM
Post# of 82690
ZP, I would add, also, that in the matter of the $1M patent litigation loan, there's quite a big chunk of it, most of it, that's MIA.
It was taken out shortly before R & G took on our case. Even if they were charging $3K per hour, that represents over 300 billable hours, which we know didn't happen. And BlankRome was working on contingency.
And the follow up with the other cases, another stated goal which would have used up some of the leftover money, was never pursued. So, shareholders paid back the loan, while management diverted the "excess" funds, does that sound about right?
It was taken out shortly before R & G took on our case. Even if they were charging $3K per hour, that represents over 300 billable hours, which we know didn't happen. And BlankRome was working on contingency.
And the follow up with the other cases, another stated goal which would have used up some of the leftover money, was never pursued. So, shareholders paid back the loan, while management diverted the "excess" funds, does that sound about right?
(2)
(0)
