Tuesday, August 27, 2019 11:05:36 PM
I do not think that's the case. He wouldn't have entered into LOI in the first place, if that was the case.
I assume medical field is full of corruption. Corruption is always present where there is big money involved.
So even though Jody might have strong connections in the US, maybe it is hard to penetrate the market to start ramping up real revenue.
Ron on the other hand may well have stronger connection in Canada market, where they can easily put PCTL technology in the works right away and start bringing significant revenue.
Even if this means selling 51% of what could worth $200 mil for $5 mil, without this merger, Jody knows he will struggle making $50 mil by himself.
So I think this will be win-win for both us and Ontario Inc.
I can't imagine how busy the company will be at the moment, I wish us shareholders stop bugging them about the 10-Q and 8-K and PR's.
Those will come soon enough.
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