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Thursday, March 10, 2022 3:06:21 PM
Otherwise, this 7 team, 12 player trade idea is just designed to profit the Rotmans.
1. They get out of their dying dinosaur, money losing, retail store Rotmans Furniture.
2. They get to issue all the shares owed to them after the RS because now the company will have the actual shares to issue them and all other convertible note holders out there, which, I am sure there are a lot. Because all the Rotmans know how to do is BORROW MONEY, and not earn it.
3. A new clean public shell will be created with the spin off with all the "assets" basically, no debt, no money, and with Dr. Stone at the helm. Dr. Stone has ZERO experience running a public company so it as a NEW debt free shell for Greg Rotman to leach off of again issuing himself discounted monthly shares & cash to "consult" for the NewCo to raise money and create his "strategic" partnerships.
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