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Re: sosjtb post# 19306

Saturday, 02/08/2020 1:53:53 PM

Saturday, February 08, 2020 1:53:53 PM

Post# of 29738
As I have said before Old Sawmill Partners is a huge red flag here IMO. And, even assuming something comes into this delinquent, dormant, worthless shell, that does not mean that there will be any significant gains for the current PMPG shareholders. Reverse mergers (RM) into shells like this never result in significant gains for the owners of worthless shells like this one. The going rate for such shells is $150,000 - $200,000, and the only reason for any company with actual assets, businesses and capital to RM in is to become publicly traded without having to undergo the hassle and expense of an IPO.

And, history has taught us that no entity bringing significant Capital, assets, equity and revenue into a shell like this is going to just gift anything to the current holders of PMPG. The new entity bringing in the capital, assets, business and revenue always ends up with at least 90% - 95%+ of the equity in the resulting capitalized entity.

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