News Focus
News Focus
Followers 10
Posts 1850
Boards Moderated 0
Alias Born 06/02/2016

Re: poco_trabajo_mucho_dinero post# 9690

Friday, 08/12/2016 1:42:27 PM

Friday, August 12, 2016 1:42:27 PM

Post# of 26244
I believe they acquired the assets, but we don't know what they paid aside from some restricted shares - but again the shares are at most worth $4.7M so where does the rest of the money come from? Are there liabilities in the acquisition that are coming with it that balance it out?

FINRA can't vet a lack of information so they can't call them out on this. You still can't accurately valuate these shares until we know the details of the transaction - we only know the good stuff conveniently...