Just talked to a senior project manager
I first asked her how often do projects get delayed in her world?
"Quite often" she said.
I said, "I certainly know that, but if you had to quantify, what % of the time do they get delayed from the initial target date"
"Probably a little over half honestly, so I'd say around 60%-70%", she said.
What about your biggest projects, what % with an initial target date get delayed?
"That would be like 80% or 90%", she laughed as she said.
I then asked her for her "perception" on company mergers.
"I'm not sure how often those would get delayed, but it wouldn't surprise me if they get delayed as much % wise as our key projects do"
Finally, I told her that a merger I was keeping an eye on during COVID, it's a "conglomerate" merger in the medical/healthcare field, several companies involved ....
Her immediate response before I even finished talking about it, "Oh, I'm sure that's going to get delayed, and maybe more than one delay, but mergers like that are out of my expertise of course".
I then asked one last question:
"If a conglomerate merger gets delayed, does that mean it's most likely a scam?"
"Why would a standard delay mean it's a scam? I'm sure there are tons of bells and whistles, lots of hold up with all the nuances involved in a conglomerate merger like that, especially in what we're facing now in the medical field. If it's being announced that a "conglomerate" merger is happening, I'm almost 100% sure it would not be a scam"
She's a smart lady.
Smarter than 99% of men who invest in the OTC, who get angry with every little price drop.
The fact she gave me her "perception" on things, was certainly appreciated. She lives in a world of pressure and targeted deadlines.
Conclusion:
We're dealing with a "Conglomerate" merger in reality here, and one during COVID season.
This is not completing a simple merger in a business simulated video game on your computer or smart device.
Wake up people.
She gets it.
-Roof
