assuming that insurance will cover a majority of the legal fees is it safe to assume that INVE will get a reimbursement check?
what really rubs me the wrong way is how Jason gets his "golden parachute"... I guess if the company let him go "with cause" would be looked at as an admission of guilt and could potentially cost the company significantly more.
Insurance (E&O) should cover a majority of those expenses... The company is in a blackout for 3 days after earnings so Monday would be the first day we could see insider buys (wishful thinking). If 3-4 insiders purchased 50-100k shares each would send a message to the markets (God knows they can afford it with their ridicules salaries).
Im just a hick from Compton but when I see 5.4 Billion in liquidity (3 billion in cash) with a stock that has a market cap of 10 billion it gets my attention. Are you trying to tell me MRO only has 5 billion in assets after subtracting cash?
Suncor a few months back did a hostile bid for Canadian Oil Sands for 5.1 billion... I mention this because if Suncor is paying $7.25 on proved bbl then MRO oil sands project would be worth 4.8 billion using $7.25
so we have 5 billion in cash and 4 billion in wrapped up in the oil sands and a 10 billion market cap...
Thats enough looking for me... Im a buyer. But what do I know, Im just a hick from compton
I know its a long-shot but I find it interesting that on April 29th DAL (delta) announces the use of RFID tags to track language.
"With a $50 million investment in RFID at 344 stations around the globe, we aim to reliably deliver every bag on every flight," said Bill Lentsch, Delta's Senior Vice President – Airport Customer Service and Cargo Operations. "This innovative application of technology gives us greater data and more precise information throughout the bag's journey."
Initial deployments of RFID integrated throughout the baggage process show that bags are tracked at a 99.9 percent success rate, ensuring proper routing and loading.
For customers, RFID means much more than just consistent baggage handling.
"In the same way that customers want information at their fingertips about flight changes, we know our customers want clear visibility to their checked bags," said Tim Mapes, Delta's Chief Marketing Officer. "Delta's industry-first baggage tracking app was a good first step. RFID will allow us to set a new standard for more transparent, interactive tracking on the Fly Delta mobile app."