Patrick Byrne

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Patrick Byrne @PatrickByrne

@DXNCRA Jonathan is VERY able and well-regarded. Return of Rob Hughes is a BIG plus. The decision to register token and thus tradeable is cautious, but should obviate SEC objections. No "short squeeze!" argument. Next big step: if they get that registered. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA There's one thing though: they wanted me to be "just a shareholder". Guess what: boards do not tell shareholders when they can buy and sell. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA Typo: "...my presence was making it expensive-to-impossible." — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA They were inundated with calls from guys like Cohodes and many others: "If Byrne leaves stock goes to $50!" Chair forwarding me hate mail. None from supporters. Got tired of it. I relented. They wanted me gone, so I left. Talk to them. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA Thought there were alternatives, but precisely 1 person on board wanted me to stay. The rest wanted me 100% disassociated from the firm. I bowed to their wishes. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA Guys, so you know (and I gave documents to reporter a couple weeks ago, should appear soon). I did not punch out because I wanted to. My presence made D&O insurance impossible (per CFO & Marsh). Could not ask people to work for me without insurance. Fell on my sword. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA Surprised to read D&O still expensive: CFO & insurance broker wrote letters explaining that my presence was making it not expensive-to-impossible. Made me think my absence would save millions. — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@DXNCRA Whose Watkins? Seriously, I saw that in the press release yesterday... could not place the name. Will have to dig. Knew 0 of it, nor talk of "cutting forecast". 0. I do hear sales are soft for industry (economy slowing? Housing = coal mine's canary). — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

For 17 years NPCs (& SEC) say: "Short selling/NSS do not affect price of stock, people who say otherwise = crooks who should focus on their business." Now same people: "Dividend created short squeeze!" Well.... which is it? If NSS does not affect, why did dividend? QED 😐 — PolitiTweet.org

Posted Sept. 24, 2019 Hibernated

Patrick Byrne @PatrickByrne

@MotherCabriniNY @leon_texas OK. Thanks for filling me in on such matters. — PolitiTweet.org