So lets just noodle this out.
2/15 is now 2 years ago and a lot of things have changed. If the dividend didn't happen on a timely basis it may be that David realized NTGL would have hit the rocks and sunk (just for discussion purposes) or it may be that David realized that NTEK needed NTGL. Or both.
Let's assume that David still believes that NTGL should go fully to NTEK shareholders, but that since the horizon for the original dividend never arrived for whatever reason; that NTEK kept NTGL afloat, that David now has more ideas and significant coding and maybe completely new products that will make NTGL an even greater success. At what point is it more appropriate to acknowledge the fortitude and support of shareholders of the last two years? At what point is it correct to acknowledge that more significant NTEK investment in NTGL. I understand that dividends can be made with out audits, but for some reason this one hung up on audits; and now there will never be a look back audit - at least we hear nothing about anything like it.
Also - as you well know - I am completely in agreement with you regarding shorts. If one of the hoped for results of this dividend is for WS to be forced to settle it's accounts; then is it not true that WS faces a much greater shock if forced to account as of today, than as of 2 years ago??
Now that NTEK may be reaching the point where we have a complete story to tell, Now that 4k is starting to run...Would it not be better to force shorts to unravel themselves currently rather than give them some sort of murky argument about going back two years to a point where they were far less extended than they are now?
Paul
2/15 is now 2 years ago and a lot of things have changed. If the dividend didn't happen on a timely basis it may be that David realized NTGL would have hit the rocks and sunk (just for discussion purposes) or it may be that David realized that NTEK needed NTGL. Or both.
Let's assume that David still believes that NTGL should go fully to NTEK shareholders, but that since the horizon for the original dividend never arrived for whatever reason; that NTEK kept NTGL afloat, that David now has more ideas and significant coding and maybe completely new products that will make NTGL an even greater success. At what point is it more appropriate to acknowledge the fortitude and support of shareholders of the last two years? At what point is it correct to acknowledge that more significant NTEK investment in NTGL. I understand that dividends can be made with out audits, but for some reason this one hung up on audits; and now there will never be a look back audit - at least we hear nothing about anything like it.
Also - as you well know - I am completely in agreement with you regarding shorts. If one of the hoped for results of this dividend is for WS to be forced to settle it's accounts; then is it not true that WS faces a much greater shock if forced to account as of today, than as of 2 years ago??
Now that NTEK may be reaching the point where we have a complete story to tell, Now that 4k is starting to run...Would it not be better to force shorts to unravel themselves currently rather than give them some sort of murky argument about going back two years to a point where they were far less extended than they are now?
Paul
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