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Re: Real McCoy post# 110300

Monday, 11/30/2020 12:35:00 PM

Monday, November 30, 2020 12:35:00 PM

Post# of 143835
More of a general question, if there were two bids for the company as a whole, why would the low ball offer be accepted? 4.3 million upfront versus I think 1 million ish upfront but taking on the debt and shares seems like a much better deal. Say 80 million of debt versus 4 million upfront. We're talking a 20x difference just for the money now? Seems like it's too obvious that more is to come. What are your thoughts philosophical/ logical stand point of the above scenario?

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