How naive are you. The gaap accounting issue was absolutely a trap the bag holders move. Swatz is smart, he knew all the divy hype would trap the bag holders. I remember reading that some of the bag holders were going to hold until 7 dollars. Greed vs fear. my friend.
Next, the lawsuit, are you kidding me, settle for 1million when you absolutely knew that this was the leverage you needed to gain more control not less. You knew lecky was a scam artist and fraud and corrupt, imo.
You just incriminated yourself, you said the partnership agreement is not reported, hmmm, sounds like a material event to me.
all in my opinion