> promises of shares are worth nothing, This is being litigated, no? I think it will be up to a court to decide what those promises are worth. Contracts don'

> promises of shares are worth nothing, This is being litigated, no? I think it will be up to a court to decide what those promises are worth. Contracts don't need to be written, and if the court determines that a verbal contract had in fact been entered into by both parties, and was broken by Hoefler, then Frere should walk away with something of value, probably a good amount of cash.