If there was ever an investment that has caused me to choke on humble pie and on deception and corruption it is this one.
It is hard not to be skeptical, but having been in smaller albeit multi-million dollar lawsuits, I know how long and how much slugging it takes for things to be addressed since it is in the overall grand scheme of things an anthill in a mountain of litigation and legal bumblings.
I sincerely believe that the new team is interested in punishing the bastards that stole our investments and our hope.
If recovering money is the paramount issue which I believe it should be and is ... They will likely negotiate a return of the obscene bonus money as a result of the sham sale, have the termination lawsuits by the bastards dropped and be in a position to divvy up whatever cash proceeds are left ... if it goes that way it could take a yearish and we are in for stock value of upwards of .35-.40.
If it goes the full all out legal war ... we could get back the spectrum since managements representation of acting in shareholder's interest during the sale could be considered as fraudulent and hence the transaction be made illegal. I wouldn't expect that to occur for at least 10 years since Bell and Rogers we also be involved in appeals related to that decision to portect their interests.
That is why option 1 seems like best option for our legal and current team's position ... of course winnning in the second scene would likely mean some jail time for the bastards, but they may not be concerned because they are prepared to go into hiding out of Canada, or figure they will be dead before it is settled anyways.
So if the bastards are prepared to take the risk of losing and facing incarceration option 1 may not be an option at all.
bottom line is this is one sick puppy and that upgrade seems insane to me.
orgy