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Comment Re:I bet he's just playing the market (Score 2) 311

Nah. No crime is being committed.

The filing states the offer is contingent on completion of anticipated financing.

https://www.sec.gov/Archives/e...

Third paragraph under item 4.

"The Proposal is non-binding and, once structured and agreed upon, would be conditioned upon, among other things, the (i) receipt of any required governmental approvals; (ii) confirmatory legal, business, regulatory, accounting and tax due diligence; (iii) the negotiation and execution of definitive agreements providing for the Proposed Transaction; and (iv) completion of anticipated financing."

Comment Re:I bet he's just playing the market (Score 1) 311

IIRC, the threshold for filing a 13G is 5%. However, it's not entirely clear he surpassed that threshold on the date the lawsuit alleges. I'm not sure about the merits of this one, other than alerting the SEC about a missed filing.

An SEC fine would cost him up to a few hundred thousand dollars (if anything at all.) This doesn't compare to the billions he's already made since the stock price appreciated.

Investors claiming damages, or to have missed out on an opportunity to acquire more shares themselves, may be mollified if he does complete a purchase of the company.

In any case, this doesn't strike me as a serious concern.

Comment Re:PopeRatzo is Jim Nitti of 357 Merino Ln Pearisb (Score 0) 311

Nah.

He could do a short sell against the box while taking a separate PUT option to realize capital gains. With 10% of stock in his hands, he has a good deal of leverage over price. The difference is, he would not be looking to maintain a long position, he would be looking to maximize the gains from the short.

It's a common tax avoidance strategy. He's currently working with Morgan Stanley, who are very competent in this practice. Would be surprised if he's not considering it.

Comment WindowsME worst OF THOSE LISTED (Score 1) 184

Having used versions of Windows going back to 2.0, I have to say 2.0 and 3.0 were far worse than WindowsME.

And even the relatively stable 3.1/3.11 releases should have been made TCP/IP friendly far earlier in their life cycle.

Also, grouping Windows 10 and 11 together is not a good idea for this poll. Having used it for a few weeks now, I'd say Windows 11 is a bigger departure from Windows 10 than Windows 10 was from 7.

Comment Re:Dimensional stability (Score 1) 91

If this can be used for a replacement for steel and aluminum in even a fraction of their current applications, it could be very significant in fighting climate change.

Aluminum and Steel production are significant carbon producers. (iron & steel production contributes 11% of the human-produced CO2, aluminum about 2%)

But wood captures and sequesters carbon.

So it's a win-win.

If we don't switch to wooden knives, we might have to instead give up eating steaks altogether.

Comment Re:BULLSHIT ALERT! (Score 5, Informative) 80

So I guess you didn't even read the clip of the article Slashdot posted???

"In lab tests, researchers found their catalyst yielded not only hydrogen peroxide, but a variety of highly reactive compounds called reactive oxygen species, or ROS. It turned out that these novel compounds were responsible for the majority of the new disinfectant's impressive antibacterial and antiviral abilities..."

Comment One egregious example (Score 1, Insightful) 119

Glad this is finally getting addressed at the National level. I remember hearing about this story five years when Jimmy Johns was preventing former sandwich makers from taking jobs at Subway.
https://www.cnbc.com/2016/06/22/jimmy-johns-drops-non-compete-clauses-following-settlement.html

No hourly and/or temp employee should be bound by a Non-Compete clause. They serve a purpose when an employee is actually creating IP, but those employees must be compensated adequately for their contributions.

Comment This wasn't directed AT Parler (Score 5, Informative) 377

The complaint against what DDoS-Guard was submitted in November, long before Parler fled there. DDoS-Guard had purchased a large block of IP addresses that were for use by Belize-based companies. DDoS-Guard has no other presence in Belize, and is therefore not qualified, so LACNIC is making them forfeit the block of IP addresses. They could have avoided this by simply opening an Internet cafe, but they have NOTHING there.

It makes sense that the provider Parler fled to was a shady operation, so I wouldn't call it ENTIRELY a coincidence. But it is pretty much a coincidence.

 

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