St Joseph Inc COM (STJO)

[Potse]

STJO...position status......

I'm still holding my full position as the March 15 soft deadline for the definitive merger agreement approaches. A little over 660K shares with a cost basis under .072 per share.

High risk, but I am hoping to get a minimum of 40-75 cents on that position. That would be a valuation of roughly $5-10M on STJO's 13.4M legacy shares.

If the post-RM structure is reasonably good, I think STJO might have a decent chance at seeing some sustained trading around those kinds of prices/valuations.