Obocon Inc. (OBCN)

[govprs]

@CLSI

I don’t have PM but will give you and others my opinion based on what I heard. I’m not bashing here rather sharing an opinion only. Do not make trade decisions based on these comments or statements. I know what’s already been shared on this board. I did meet Liz at her office and didn’t learn anything new. Nothing

The first deal fell thru and second deal is allegedly in progress. Tony’s alleged mis representation of the financials absolutely concerns me and the fact Clancy principals are currently in the dark on details of the buyer and timing suggests to me they too are held hostage till this plays out. It’s strange to me how in the dark they are but I’m not an M&A expert.

On a positive side I see a couple of things. Tony’s alleged role as a broker hasn’t changed. His decision to publish any financials NOW at a time way past the previous highs for the share price is an indication this is not a pump or an intended scam. I mean why bother to spend time and money to go thru the motions? We’ve been scammed on plenty of other tickers. This could be a scam but doesn’t feel like one.

I believe the risks are the normal ones. The deal could collapse for a variety of reasons like any other M&A. The administration of this transaction maybe the single #1 risk. For all we know we have a small company probably dealing with another small company supposedly thru Tony Nick. This is not JP Morgan Chase type merger

I wish those here that make statements we are heading for dollars to stop or at least back up statements with hard facts. I believe Liz that she has no idea who the buying entity is. I believe she canceled shares so the OS is much lower the 332mil. I believe Liz wants was best for shareholders and I believe Liz is not happy with progress on the new entity. She wants a deal as much as we do and there’s nothing anyone can do. I believe Liz will follow up with Tony next week and continue todo so until this is resolved one way or the other.

Until there’s due diligence that the alleged in progress deal is false or canceled I have no other choice but to assume it’s on. That’s why I continue to hold. I don’t know enough to buy or sell

I pray for all of us this will resolve itself in January in a positive way for all long shareholders

Good luck to all of us