this post was submitted on 13 Jul 2023
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[โ€“] [email protected] 4 points 1 year ago (1 children)

I wonder if this isn't a rev recognition play. If their accounting rules say they can't take the revenue until the award is issued....I bet there's a lot of money sitting on the table they can apply to their books with this play. It's basically the same play as expiring unused gift cards....

Hmmm. Conspiracy theory intensifies...

[โ€“] [email protected] 1 points 1 year ago

That's actually an excellent point, but it has the chance to backfire spectacularly if they can't IPO or come up with a more higher earning replacement before the end of the next fiscal year. So I totally expect them to fuck it up