Friday, October 15, 2021 7:16:49 PM
uh-oh, I saw "Jason said" in your post. LOL. The Data Express deal appears to have been a complete failure with the $2.8 million price tag. That resulted in about a 50% write down a few months later with the CEO leaving and caught the eye of a SEC inquiry. Shares are free and Jason just reset the share structure again so I would say he would pay whatever they are asking. Lets face it, another year and a half and a couple of billion shares later he can do it all over again. This is a story and business model that can sell shares into perpetuity and it probably will. He will constantly need to acquire new products to stay relatively current because the technology he buys is already dated and not really performed in the market in my opinion. Why else would the owners cash them out? This has been the model for several years, tens of millions in shareholder losses, and two reverse splits. Jason would be a fool to stop now. Selling shares has made Jason and company a lot of money and note holders a bloody fortune.
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