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Re: crudeoil24 post# 40064

Sunday, 08/29/2021 11:00:46 PM

Sunday, August 29, 2021 11:00:46 PM

Post# of 58663
Prophet said the CEO remarked he is still in negotiations with Lilac. So there is no confirmation that a definitive agreement has been reached.

CUBV market cap is $87M. Lilac is valued at $23M according to Pitchbook. What is Lilac willing to pay for the shell? That's definitely a point to negotiate.

So we wait to see if Lilac agrees to the RM or wants something else like a merger with a SPAC.