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What I am talking about is merger like

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lumpy9200 Member Level  Friday, 01/24/20 01:18:11 PM
Re: creede post# 3921
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What I am talking about is merger like DCGD. That's not a Lazar ticker but its an example of where a company with a huge amount of assets reversed merged and put all their assets into the shell




creede, I think EORZ (now LICH) has the potential to be massive. And I don't think it's too far away. I'm pretty heavily invested in that one still, and have actually added long after Lazar turned it over. But as far as DCGD (now GRNF obviously), I'm going to choose my words carefully because it's one of the most opinionated stocks I've ever come across. While it's undeniable the stock has brought unspeakable fortune to those who bought in early, I don't think there's any evidence to suggest the company has any assets or brought any to the ticker. I absolutely don't want to turn this awesome Lazar board into a deep conversation regarding a non-Lazar stock, but I do think it's relevant. As much as I'd love Lazar tickers to become monsters after the handover, I definitely don't want scams. I'm not sure GRNF isn't a scam, and I think in the next 6 months we'll find out if it is or isn't. If it is...and I think it might be...then that would be the worst thing to happen to a Lazar stock in my opinion. Another example that's too early to say is WSGF. I held after Lazar lost in court when he applied to get custodianship. I thought the previous owners must have a big plan to make it worth fighting Lazar and being able to convince the judge. That part went well, and they found a buyer for the shell. And it might be a scam. I sold for a loss. I 100% agree that incoming giants are good for Lazar, but I'd rather take smallish companies that are real and make the stock go yet higher than risk selling to a scam. Just my humble opinion, as always.

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