TSXV:WMG.H - Post by User
Comment by
Sherry35on Aug 03, 2022 1:14pm
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Post# 34868598
RE:5 lawsuits. Total 20+ million
RE:5 lawsuits. Total 20+ million I'm not doubting the vailidity of the lawsuits given the filings. However, you can ask for the moon but WMG is running on vapour. So, these lawsuits could remian on the docete for quite some time or payment could be deferred when the revanue is generated. You will agree with me that the lawyers are making the money in the end.
Given the present fiancial situation, I now deem the plaintiffs investors in the company. They'll have to wait for their return on their investment. The caveat being they won't have to endure the reverse split so the $20M damages will be uneffected. I'd rather be a plaintiff becuase the risk is lower than owning shares.
I'm sitting in the bush waiting for a entry point i.e., post the reverse split.