Monday, March 29, 2021 12:57:42 PM
Step 1 just took place....more to come
Here's the math of the latest transaction on Yihao acquisition
40% of Yihao is on the block
Eon still owns 60% of Yihao after waiving the ROFR
Lugee steps in to acquire 16%
In additional to 20% of Eon 60% ownership, Lugee now is the number one shareholder of Yihao with 28% ownership.
While Eon is still the major shareholder, however Lugee is the majority individual share holder.
JDP (between Yihao and LQMT) just expired within the PLA (between Eon and LQMT).
With biggest shareholder ownership of Yihao and LQMT, Lugee is now ready to take out his PEN.
Looks like Maze 3.0 is coming sooner than I thought.
BTW.....there is a billion dollars funding whale within the Maze
Go BMG......
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