Thursday, January 28, 2021 12:56:26 PM
There are some positives that may result out of all of this
-there is an existing control block of shares sitting off to the side. This could potentially make PASO an ideal vehicle that is already setup to go public for another candidate
-Bruce may announce a share buyback and get the structure back to a reasonable level to increase shareholder value
-it has been circulated that the deal has been over for a prolonged period of time and Bruce is working on another, bigger deal that was actually being negotiated before CLX looked into merging. This may be far fetched, but the same people who had insider information knowing the deal was off and announced it before the official PR were the ones claiming this scenario. Therefore in my mind, it certainly carries some clout.
-It could be left the way it is and we lose money. It is the stock market
Keep in mind, JG didn’t dump his shares today, which came off the one year restriction. He obviously knows BWs plan and didn’t bail. This is also positive
The next month or less is going to be very telling what direction this is going.
Paso
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