Hickory,
If the BOD comes to it's self serving senses and agrees
to the Laird Farmout deal (oh, btw, this also includes the
Gannat property), the suit will be dropped, I believe. This
is what is so amazing. People that have looked at this
case, believe there is a paper trail that is very damaging to the parties involved. All of this could go away if they
just accepted the agreement that they gave their approval to
in the July 7th board meeting. I assume that these boys
aren' as stupid as they look. They must have a plan that
they have figured will be their redemption. I happen to
believe that this is just a cluster f**k delusion that they
are championing. When the visual aids start outlining
who did what, said what, sold what.....know what? that court
room is going to seem pretty darn small.
In my opinion they committed a monumental miscalculation
when they thought that Laird would never ever come up with
a partner and bring in a deal by Sept. 1st. I don't think
they have accepted that reality yet and are still in denial.
Furthermore, since I am just speculating, I would guess that they compounded that miscalculation by assuming the
Partners and Laird would just walk away if they put up some
barriers. They now know that was an incorrect assessment,
but, can not come to the to the obvious solution,i.e., honor
the deal.
Lew |
