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Saturday, 01/23/2021 10:34:51 AM

Saturday, January 23, 2021 10:34:51 AM

Post# of 2603
SC777 is right. For those of us who work with ETrade the pps is already reset to zero as is the case for any re-org that comes thru FINRA. Not all e-brokers are that agile to comply with FINRA's actions and requests in a real-time fashion, hence causing clients with confusion as some of you are having now. Having worked with ETrade for over a decade they are good at compliance with transitions and re-orgs. The question is however different imho which has to do with a significant fork on the road ahead. Whether the new venture money plans to run the bank privately or it can stay public under a different name but semi same shell holding co so long as it can rip the benefits of NOLs and other tax intangible assets. This is the million dollar question that we need to figure out. With a very lean OS of fewer than 20 milli our small circle already has a good enough stake on this beast so we better stay focus on finding out or at the very least make some informed guesses as what is the re-org outcome moving forward and what would be the best course of action when it comes to the decision of the new investors wrt "commons". I do not feel we are all left in the cold as I felt let say a year or two ago. I have a feeling things are moving in the right direction with reference to just a few months ago when the Treasury tried to derail the whole thing. As of last evening I am a bit more cautiously optimistic but boy we aren't out of woods by any standard yet. We just survived to keep our shirts or at least we perceive so. Can we retire on this, well that is everybody's guess i'd say. I remain humble wrt expectations because the dollars we paid for this sleeping beauty could have earned us 4 Model Ys so far had we thrown it at Elon Musk's shop. So at the very least we deserve that gain ish or else it's been nothing but waist of money and time.

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