Giving It All Away
More Like: " Fake News "
They just gave away half of Neossance for only $10M. And this is forever.
And only 'up to' $10M more over 3 years. They say it will save them $1.5M in expenses, but that is misleading. They are using any extra estimated marketing costs that the Nikkol Group may incur themselves, and therefore making that sound like they are reducing their own 'current' costs, but they are not. It's kind of a PR trick. This whole deal is another example of "Robbing Peter To Pay Paul". Nikkol has already been a long-term distributor, and now THEY OWN HALF of that business, FOREVER. One day they will probably own it all.
Fake News. They will do and say anything to trick you, imo.
DILUTION + FAKE NEWS + 3 DAYS = NASDAQ WARNING