You are right in your assumption that there are
Post# of 15187
that there are no guarantees. But, as I have said before
it is in their better interest to be a public Co.because both
Veal and Adamson have realistically over 200 million shares each,
in the form of deferred payments. Getting to .10 would set them
up for life and would allow them many options with HJOE. They could
then concentrate on the company and really build an empire.
They would actually crush Gene too and some very big shareholders.
To this point they have been honest and have been true to their
word. It's all about money...and if they are growing and a nice rate.
You can bet they will want to capitalize on that. Going public only
helps at the end. Its a long road. Put if you are public, you can scalp
at various points in time and make huge Cheddar-MGT. that is.
As per the court, I have seen KBM in 10 different cases and only
one went the distance. Most were dropped for KBM. I doubt they want
to show there operation. The trend is that HOE will either pay minimally-
not in shares or that KBM will stall and then drop it. NOHO had the same
problem with KBM and virtually paid nothing.
JMHO
TS