RE: RE: RE: COURT SIMMERS FINANCING
"Nothing to do" with our royalty litigation - eh, Kewl?!??
Riiiighht..... Not as if it might indicate (strike that - CONFIRMS) our managment and legal counsel are incompetent hacks....
Wonder if Forbes & Manhattan (i.e. Bharti cronies) used in-house attorneys to adjudicate this mess... afterall, just another bill to send to us COMMON AAB SHAREHOLDERS.
I find it HILARIOUS that F&M were championing themselves as some kind of pioneers with the Simmers NSR agreement... but then someone over at Simmers with HALF A BRAIN actually bothered to read that travesty of a document....
Alas, I still own a BOATLOAD of AAB common.
MY PLEA? LIQUIDATE THIS POS AND SEND ME MY SHARE.
They could take a 50% "loss" on our so-called assets, and still ship all of us all $.60+ per share...
Why don't they?
A) our assets really aren't worth remotely what we could recognize in liquidation (see Pinetree and similar con jobs)
B) management/insiders own too many shares and can continue lining their own pockets - and collecting nice fees for their "subsidiary" businesses/family members
C) both A & B
Sick thing is, we common shareholders are left hoping that it is simply "B" - the lesser of the evils....
I wish I had never found this company.