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Re: j19l56s post# 81519

Thursday, 05/06/2021 4:33:49 PM

Thursday, May 06, 2021 4:33:49 PM

Post# of 90718
Ah I’m behind the times. I see that now. What I meant to say is a term sheet is non binding. It seems to be more play on words as term sheets is not the actual purchasing of the company.

I don’t think it’ll happen in 45 days from past experience here. Key things are non binding and the word ‘expected’. Opti was expecting to close the 2 bill deal at end of 2020.

And I have a suspicion the current share holders will be hosed with some sort of RS or share structure update to get the terms right. I hope hope hope hope I’m wrong.

IMO