They are going to court [appeal] for a few things.
To cause what they think will be 'further' pain and suffering for shareholders as they want nobody to want to invest in VMS. Stated aim for STT/TNC. Keep it dragging on so people get tired of it all and just sell their shares too cheaply. Seemed to have worked, and they publicly brag about it, but they probably don't understand the difference between LT and ST holders. STT/TNC think dropping the share price is a valid KPI/outcome to be celebrated for their taxpayer funded 'work' .
They also owe somewhere around $300k now in court expenses. Better to spend another $35k of their donations to have a slight chance of costs which were awarded to VMS and Fed Govt being reversed should the appeal be upheld. It's spending more money after bad money, but it's not their own money so probably the attitude is "who cares - it is OPM ! ".
Handout/entitlement mentality.
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