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Re: bucks2pennies post# 44384

Tuesday, 09/14/2021 9:59:40 AM

Tuesday, September 14, 2021 9:59:40 AM

Post# of 50877
The $8.2 million is consideration for the LOI Lans had with GSCG, in lieu of the original plan to issue Laho shareholders preferred MSSV shares for the LOI that is an asset of the company we own. If the payout doesn't happen, there is a massive legal liability not only for Lans but now also MSSV since they were able to close the deal with GSCG without the LOI compensation being settled. I think they get this and it'll be resolved, but if not they have made the potential Laho shareholder legal action much much stronger.
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