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rickn23

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rickn23

Re: firehorse post# 34097

Tuesday, 10/17/2017 12:37:09 PM

Tuesday, October 17, 2017 12:37:09 PM

Post# of 34405
POW! isn't being bought by the highest bidder, there was no bidding.

Yes, I'm serious about the anti-trust issue.

The anti-trust issue is for using POW! assets before the merger (Linking Star Pictures). Most companies wait until after the merger to use the targets assets, Camsing did not. Does it ever happen with penny stock? I don't know. I think it happened this time. There is also the issue of Camsing's press release saying they bought POW!, days after filing the proposal.

I believe POW! has access to a hoard of cash that could prevent bankruptcy, they just failed to access it.
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