I have a theory:
The investor is GP. Maybe he feels guilty about not buying a share while he was the CEO. Now he wants to answer to his critics, WpgMoney, and buy into the greatest story never told.
With all this 'free' money, he may as well do something for his next gig. If he now owns 10% of the company, he can be an activist investor. Maybe he can get himself appointed to the board again. Maybe he just wants to show WpgMoney that he doesn't have to wait for blackout periods anymore.
Maybe I shouldn't drink so early in the morning, or maybe I should start.
Did you laugh?
I Hope So.