There was a time not so long ago that LAHO shares were trading - on a binge to get fatter and fatter. SHs were on a roll.
At that time, prior to the fall, that 4B shares were to be the base of RM shares. A lot of promise then, with GSCG, 4B shares could amount to something.
Those 4B shares that GSCG accepted then as their base of shares under the new RM as it went public still exist. Had SEC not intervened, we ALL assumed it was GOING TO HAPPEN. Why do we find that hard to believe to be the case now?
Yes, SEC happened. Yes, an UNKNOWN entity called MSSV has been thrust upon us (11M shares is a far cry from 4B shares). Yes, now LAHO is a 'private' entity. All factors that have changed the dynamics of our venture. Most definitely puts the skid on our optimism for a grand future with so many unknowns.
Thoughts of trust, integrity, honesty and the dynamics of the RM were immediately thrown out of the window...but I ask, why so early?
Even with all that has happened since LAHO shares were being traded like gold, GSCG should STILL be thought of as a golden opportunity. Nothing has changed since then for THEM.
LAHO and MSSV's history is theirs alone. THEY caused the problems for their SHs, not GSCG. Their connection to our dismay is not a given fact. For all intensive purposes, GSCG just wants to trade publicly sooner than they would have if they pursued doing so the way of the standard application. Not unusual.
So, is it possible that they chose to take an alternative route being that LAHO's shell is no longer viable? Yes, of course. Could they also realize the impact on existing SHs from LAHO? Yes, of course. Do you think 11M shares of MSSV is a substantial base regarding ample trade shares for the size of GSCG? NO, of course not.
Could you possibly surmise that GSCG could still see an advantage bringing forward nearly all of the pre-existing shares of LAHO to create a larger recognized base of trading shares - without the delay of issuing new shares that may offer operational business capital but causing long-term legal issues and harm to its preexisting reputable good name? Yes, of course.
I place my hat here.
