Thursday, February 11, 2021 11:40:44 AM
While I think they really are striving to not only close the acquisition but also benefit shareholders of both companies, it was surprising to me the lack of attention given to the extremely critical aspect of conversion rate. MSSV IR clearly stated that it was their responsibility to give LAHO the shares, but not to set the conversion rate. This was a highly ignorant response, seemingly not understanding that the NUMBER of shares is really not what matters, it is the VALUE of those shares. Regardless, Lans is addressing and I think they will stick to a route that ultimately gives ~2/3 of the Company to LAHO holders. But, since the conversion can't happen immediately, us MSSV-ers get the playground to ourselves for a while first.
$MSSV$
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