RE:RE:RE:KD and Phase 3Hi fouremm. Excellent perspective. I haven't been involved in the dialogue until recently but your perspective is the conclusion I've been moving toward.
It is very frustrating that a delay in the Zenith IPO traces to Don doing an RVX deal. If his reputation and capabilities are really an issue the board should be looking for a replacement. If he pulls off a great deal I'll gladly eat crow.
On the issue of dilution why does anyone care as long as all investors are treated equally and that it drives the business forward. I'd rather have a diluted $10 share than a protected $.70 share with no hope of growth.
It seems to me that the KD opportunity is huge. It is a guarantee that this can keep moving forward and a huge vote of confidence. If it is true then it does provide negotiating leverage. So then the key is "who should be doing the negotiating?".
Thanks for the excellent perspective.
Toinv