Leo Ehrlich made a genius move in getting the Ashc
Post# of 72440
Posted On: 09/05/2016 4:38:16 PM
Re: NotRichYet2 #27069
Leo Ehrlich made a genius move in getting the Ashcroft Firm to take the case, and people need to understand:
1) How extremely unusual it is for a company to fight back instead of paying the greenmail to the scumbag law firm;
2) How extraordinary it is for a nationally-known, highly connected law firm to take a case like this NOT FOR CASH. For the Ashcroft Firm to take one million OPTIONS on the stock -- a stock which was trading more that 50 cents below the exercise price of 1.70 -- it is almost unbelievable.
Actually it is amazing to me that the Ashcroft Firm would take cases like this at all. Clearly they see something major here.
This is the absolute strongest vote of confidence in CTIX that the company could get. The Ashcroft Firm's interests are directly aligned with the interests of the company and the shareholders. This is not always the case, as any of us who have had to pay cash to lawyers understand.
1) How extremely unusual it is for a company to fight back instead of paying the greenmail to the scumbag law firm;
2) How extraordinary it is for a nationally-known, highly connected law firm to take a case like this NOT FOR CASH. For the Ashcroft Firm to take one million OPTIONS on the stock -- a stock which was trading more that 50 cents below the exercise price of 1.70 -- it is almost unbelievable.
Actually it is amazing to me that the Ashcroft Firm would take cases like this at all. Clearly they see something major here.
This is the absolute strongest vote of confidence in CTIX that the company could get. The Ashcroft Firm's interests are directly aligned with the interests of the company and the shareholders. This is not always the case, as any of us who have had to pay cash to lawyers understand.
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