Sadly, we won’t be able find out who’s right.
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Sadly, we won’t be able find out who’s right. If there’s huge volume (which will be) after a licensing deal, NS theorists like Alan will claim they are forced to cover. If there’s low volume (which I doubt), he’ll claim they don’t need to cover if they don’t want to.
Unless we have a buyout and 300 million shares line up for the payout, we will never know.