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Re: Papes post# 25462

Saturday, 03/06/2021 4:21:42 PM

Saturday, March 06, 2021 4:21:42 PM

Post# of 32381
With this company and their track record, anything is possible I suppose



That time frame would suggest a merger or acquisition announcement. That's the typical time frame to close an acquisition (after a definitive agreement has been signed), particularly for a public company that has to file documents with the SEC.

That would be my guess, but my level of confidence in predicting what Stephenson will do is very low. The market's faith is obviously very low too.

At this point, the pro forma (ie. for the ridiculous RS) valuation is at least reasonable (cheap if you believe their projections).