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Re: trader_ron post# 22528

Saturday, 05/23/2020 4:22:57 PM

Saturday, May 23, 2020 4:22:57 PM

Post# of 41328
Sinister Labs acknowledged on their official twitter that there was an LOI with IGEX. JB made it clear that the deal was brought by Armenta and he thought it was in the best intetest to make Armenta CEO so that it would close.
Armenta acknowledged this in 1/7/2020 IGEX PR where he stated: "Right now, the merger of Sinister Labs is my main focus."
That clearly left the Sinister deal the sole responsibility of Armenta as new CEO.
JB job was to get IGEX current after 3 years of stop sign and find a permamanent CEO with a company to merge in. He did his part. The stock traded near 003s then. The responsibility of completing the merger and keeping current is squarely on Armenta.
Obviously JB is the only one that performs competently which is why CNNA which he had way before IGEX remains current and IGEX is dead under new CEO.