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Re: chunky-g post# 40926

Thursday, 06/10/2021 11:16:13 AM

Thursday, June 10, 2021 11:16:13 AM

Post# of 50888
c-g. They could not have picked a worse time to do the RM. With Covid and the economic downturn with gov't agencies practically void of doing any work, you can imagine the SEC process even taking much longer than it used to. So, I see the delay inevitable.

But like you, I am no longer accepting further delay. Don't forget MSSV laid out $$$ in cash for acquiring GSCG. That is not just kissed off. MSSV WILL get something out of this deal. Yet, as you inferred, are the LAHO SHs still going to go along for the ride?

One other thing to consider is the financial bookwork required to capture all the goings of GSCG. Private enterprise books may not be as detailed or financial transactions may not be as clearly delineated for the purpose necessary for going public.

Remember GSCG has been around a long time AND branched in all directions expanding to its current state. All of that factors into providing clean books to move forward with a public RM. Takes time to detail if there was any variance from normal financial accountability.

No legal issues just a crap paper trail that takes an enormous amount of time to straighten it out.

Still 2 years plenty of time to do so, I would hope so. Now it is time to turn to the final page and start this RM anew and trade its shares on a public retail platform....and tell us how many shares LAHO share holders have to play with.
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