Wednesday, May 16, 2012

Another Impertinent Question

The longer I think about it, the less plausible it becomes that this was all just an innocent error. The mistake is an obvious one -- a reckless one, in fact (if it was a mistake at all CEO Conway is a CPA afterall!) -- and it greatly affected the valuation assigned to the share-settlement arbitration outcome (click it to enlarge1):



More in a few minutes, on timelines. . . .

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1. Graphic corrected 05.17.12 for error in buyback price of Series B -- $8.60; not $8.20.

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