Chapter 18 - THE REAL FINANCIAL DAMAGEThe remote itself did not cost Damian hundreds of millions.
The investigation did.
More accurately:
What the investigation uncovered changed his financing.
Two private lenders had received collateral schedules describing 850,000 of my Class B shares as a likely contribution.
Not pledged.
Likely.
Their preliminary term sheets assumed a lower interest rate if those shares entered the pool.
When the duress signal arrived, lenders suspended final documentation.
Then the board investigation revealed unresolved consent.
They removed my shares.
Damian had to replace the collateral.
He pledged more of his own Class A holdings.
Sold part of a private fund position.
Reduced the size of his proposed financing.
The Helix acquisition moved forward months later—but directly through Mercer Systems under a board-approved structure.
Damian’s private vehicle was cut out.
That was the real financial loss.
Not money vanishing.
Opportunity.
Fees.
Control.
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He had expected to sit at the center of a billion-dollar transaction.
He didn’t.
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