or "thank you for your application we have reviewed your credentials and resume and we dont think there is a good fit"
remember the offer was shares, royalties and cash
what was the mix?
suspicion is that it was mostly future royalties and that the cash and share components offer very little financial incentive for Nicholson
my guess is that the MT C option was sought for share ramping purposes, thats why he banged the drum on it so hard, so it would boost the price, it was never meant to succeed it was an offer "not good enough to take" , 16M offer say 500k cash, 500k shares and 15M in royalties , it was rejected out of hand because the offer was a complete joke, the offer was never meant to be accepted
and yes time will tell not minor unexplained movements in the share price, time will tell us if JK can reverse the trend of incompetence
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