Wednesday, October 17, 2018 1:12:34 PM
I found it interesting that mPhase is still planning on operating it's nanotech business as a subdivision of Scepter. That makes the deal a bit more interesting. By interesting, I mean it will be better for us, and worse.
I am not particularly happy that the officers and a board member just paid themselves in shares that doubled the OS. That seems a tad bit extreme for a company that is in dire straights before the merger because of two officers' past acts.
On a more positive note, the taking shares by the officers is one more sign that the merger is about to take place. It is their golden parachute.
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