Tomorrow's 11:15 status conference can point our d
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Posted On: 03/06/2017 6:43:36 PM
Tomorrow's 11:15 status conference can point our direction for the next several months and beyond. We can either expect more delay, and perhaps from our side as we have not seen a motion for a new legal team, possible movement toward a trial date, which would put us late 17 early 18, IMO, or further mediation. This should give us some indication as to how KBM and/or HJOE will play their hand(s) in the upcoming months. As I do not think a judge will allow shares to exchange hands, I am hoping that Joe and KBM can come to some sort of settlement, so HJOE can move forward and settle up with any other lenders.
If it falls our way and there is a positive outcome, I still see 2018 as a possible return date. If it looks as if we are headed to trial, I think we will have a much longer wait.
If it falls our way and there is a positive outcome, I still see 2018 as a possible return date. If it looks as if we are headed to trial, I think we will have a much longer wait.
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