The facts as I see them are that CBBT has stated openly that it is buying a company that generates multi-millions in revenue AND their real estate assets with no financing. There has been an outstanding share increase but that increase is clearly not enough to pay for PKG and their real estate assets.
Also, a well thought of company named EMA owns 70 million shares of CBBT.
Also, PKG, a 30 year old company with past (or even present) government contracts and FDA approved masks being produced, has publically acknowledged many times that the acquisition is taking place.
Also, and not to be disregarded lightly, OUR OWN CEO has publically stated multiple times that the acquisition is taking place and, as last stated, has spent $950k toward the purchase.
Somehow, from somewhere, CBBT has money in their pockets and they are spending it wisely. Patent pending device or not, some entity with deep pockets has belief in CBBT and their future. PKG has also bought into this and I KNOW they have a lot more facts and numbers than we are aware of as investors until it is finalized and disclosures are public.
We all just wish it would be finalized tomorrow. We have no control over that. All we can do is control the shares that are in our hands.
