Aug. 25 at 6:15 PM
$TXMD Remember, whenever RSM comes up with the final number, regarding the TXMD/Mayne squabble over who owes whom how much on the 2022 inventory true up, dealing with mainly returns, rebates, and wholesaler fees, this will move again
There will be no loser. David Rosen of Rubric has substantial influence in both companies and ONCE RSM'S NUMBER IS KNOWN, David Rosen can step in and negotiate it to where both sides can walk away happy
He can make Mayne's life a holy mess with those notes that mature eoy 2026. He can force them to hand over
$41M AUS which would hurt them badly. He can also do some damage to TXMD. What will happen is that once RSM has a final number of who owes who and how much, Rosen can work it to whatever suits him best, as a major owner of TXMD and note holder of Mayne. That will work out for us in the end
We just have to wait for RSM to finish crunching the numbers. They started 7/23, so we have some time yet. but it will likely be dine before those notes mature
