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Posted On: 10/21/2022 5:04:38 PM
Post# of 148908
It is very much in Amarex's interest NOT to let the arbitration proceed quickly, but to drag it on as long as possible.
The longer it goes on, the more time they have to acquire clients who do not know what they did to CYDY. Get those clients locked into contracts for as long a term as possible, so that when people finally find out how CYDY was screwed, Amarex can say "But that was the old management, not us, we're good now, honest we are."
Amarex can also hope that the longer they drag it out, the more dire financial position CYDY will be in, so CYDY will take a rotten settlement.
Also -- what is it worth to a company to delay paying out, say, a nominal $60 million or so, for as long as possible? That's 60 million that they use/invest. For them it's a total win -- they keep their money longer, and CYDY gets more desperate to settle cheap, because hedge funds that couldn't possibly have anything to do with Amarex.
will keep hurting the stock price as much as they can.
The longer it goes on, the more time they have to acquire clients who do not know what they did to CYDY. Get those clients locked into contracts for as long a term as possible, so that when people finally find out how CYDY was screwed, Amarex can say "But that was the old management, not us, we're good now, honest we are."
Amarex can also hope that the longer they drag it out, the more dire financial position CYDY will be in, so CYDY will take a rotten settlement.
Also -- what is it worth to a company to delay paying out, say, a nominal $60 million or so, for as long as possible? That's 60 million that they use/invest. For them it's a total win -- they keep their money longer, and CYDY gets more desperate to settle cheap, because hedge funds that couldn't possibly have anything to do with Amarex.
will keep hurting the stock price as much as they can.
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