What Justin bought has no value to anyone but the original owners. It is not a stake you can just sell off for profit, it was promised for development, marketing, onboarding, and infrastructure. It is basically a gift card.
Imagine I promised someone I would spend $100 to complete a project. Then I go to a third party and offer to sell that $100. What value does it have if they have to honor the original commitments, who would buy $100 to just have to spend it on something that yields no ROI?
To Ned and the original Steemit, it had value as they can sell it to perform the promised 4 duties listed above, make some money on salaries. If those original commitments are to be honored, there is no incentive to buy it.
How and why would the community raise around $5M USD to buy it only to use it for those 4 duties. You are better off just funding those 4 duties without the burden of those commitments.
OMG this is the blockchain, supposed to put the promises in the code, or they mean nothing!! It's too late, time to move on and fork, or stay, either one, or both!! Good Luck!!
Not that you're wrong, but that leaves Tron with between 1/5 and 1/3 of extant Steem. That's currently a problem, and while I sure can't do much about it, there's them as can, if they want to.
It is a big problem. The stake should have never been sold. There is no reason to buy that stake unless you plan on breaking all previous promises.
Corporations transfer assets and liabilities all the time, and I've not seen the documents relevant. The tweets and statements from @ned and Tron don't at all contradict your assumption @ned intended to break his word, but it's not possible to know WTF the actual conditions of the sale are.
Regardless of what @ned and Tron want, having them out of the picture would enable Steem to move on without their agendae hampering ours. I note the community as a whole, and probably some of it's users individually, has the wherewithal to make that happen.
You seem to find the idea of doing so inconceivable. I'm not saying I advocate doing this. I don't find the idea beyond considering, so I thought to consider it. You seem not to have actually given it consideration, and you may have a good reason for looking at it that way.
If you do, I'd like to hear it.
Justin said he can provide those sale documents but I doubt we would ever see them.
I have considered every scenario I can come up with and this is far from end game.
My recollection of what Sun said was that the documents prove he didn't know, but that NDAs prevent him revealing them, which leaves us without them.
I also noted Eli Powell stating that she discussed the witnesses predictable reaction with the Tron team, so am confident they weren't ignorant of those representations that affected Stinc and it's stake. I am thus confident Sun is lying about not knowing. If he didn't know his only recourse would be against @ned, and that's laughable for an accredited investor like Sun.
It's not over til it's over. You're right about that.
In the first meeting he never mentioned an NDA and said he has the documents he could show.
I don't specifically recall when NDAs came up, but I do recall them being mentioned. Not surprised Sun is talking out both ends of his digestive tract regarding actual proof.