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Alias Born | 07/25/2016 |
Friday, October 14, 2016 9:13:27 AM
Lugee wasn't obligated to cut a deal with Stiepp and shake his hand. Maybe the cunning Lugee likes Stiepp and sees something those that don't like Stiepp don't see. Otherwise, Lugee never enters this deal. You don't enter a deal, unless you can, at least, trust your partner 51% and/or your goals are aligned, and, most importantly, you believe your partner is rational and gets the objective. Definitively, Lugee has more smarts, money for forensic due diligence, business experience, optimism and other positive traits than all those combined looking to bash Stiepp. If he didn't see something he liked, and trusted, about Stiepp, he never would have thrown caution to the wind and forked over 8, let alone drafting a letter asking LQMT for more time to get the rest in.
I withhold judgment until this deal does or doesn't close. 2017 is make or break and if they don't get it done, that's it. Selling off, outta here, and never lamenting what could have been. It's a stock, an equity, like any other penny equity evidencing ownership and that's all right now and nothing more. They either make a shareholder money or shareholders dump and all their insider shares and options have no value if they can't create it themselves. GL.
Drifting into a state of mind-numbing nothingness reading some of these posts...
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