Thursday, June 02, 2016 3:04:09 PM
they just did a reverse...the structure is very tight. The danger is more about dilution....if a merger gives away too many shares...creates special classes of shares for mgt etc.
However with a real co this could be good...could have huge upside if they keep it tight and the company is bonafide w earnings and product. Track record is questionable given the last choice of Vega.
All lies in the fiduciary role of mgt to watch out for holders....the previous mgt (Molin and Vega) did not...the Plad story is unknown right now....what the status...did it cost the company , what happened and what is owned now...
The current manager (SF et team) is in the drivers seat....need to hang on
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