Re: The 10K for 2019 was filed
IMHO
What don’t you get....think WATSON!
The lenders have dictated the SG&A that protects their interests not shareholders . That normally would be the responsibility off an independent BOD . Something that doesn’t now or ever exist. The lenders will be paid as they’ve put tight financial controls on the Watson. He had no alternative not being able to treat lenders like the equity holders he has repeatedly told to kiss off. He’ll simply go down in history as just another shale oil fracker confidence men.