Hopefully emotions have settled and we can take a real objective look at this.
And correct me if I am wrong or off with any of this, but this is my outlook on the situation. I dont care about Sharp one way or the other I am here to make money. I bought this in Aug 2020 when it was under Lazar. I had heard of Lazar before, never heard of Sharp until he took over and folk started talking about him here.
So since Sharp has taken over, he has remained consistent in his outlook of these tickers. He has always stated that it will take as long as it takes, if its not heard from him/company then it isnt true (yet), and he really doesnt care bout the SP. He seems to care about the finish line and not what happens in between. Although his wording was terrible, he did speak facts about not listening to pumpers, because be honest, we are responsible for our own assumptions. They could have been correct assumptions, but he cant say until its official.
Those saying that Sharp pumped with the "promised land" thing, honestly just got over excited (poor wording on his part, but he also never said that promised land meant merger). The EXACT same thing happened in January. We were going current and everyone assumed he would announce merger as soon as we went current, and what happened???? Calesse shows up, price drops from .70s to the .20s (presplit) before settling around mid 20's / low 30s until the rise after the first case was won. Then again price goes up and drops again for the motion to consider, and here we are again. Nothing Sharp has said has been a lie. He told the judge he has a pending potential merger. So until there is a definitive signed deal or LOI (Letter of Intent), its not a material event so they will always be "in talks" until its official.
So as it has always been, he may or may not have a merger locked down. We always made the assumption that the announcement was "coming this week", "news on Friday", "as soon as were current".....etc. All were assumptions by us, so that's not Sharps fault.
For those saying he knew this would be an issue, how can we know that for sure????? Folks on this board also said that the docketing was due on July 5, and the court could toss the case on the spot or soon after. So if that was a possibility, Sharp couldnt know if this appeal would hinder things until the court decided whether to hear it or not hear it. I do agree that he could have made a statement to soften the blow, but folks jumping straight to "hes a pumper", "hes on his own shit list", and whatever other polarizing terms yall wanna use are just way off (which is probably calculated by some anyway but bashers will be bashers).
so TLDR:
This is not 100% Sharps fault, we made our own assumptions (even with the warning not to).
As with any play there may or may not be a deal to come that's the risk we take and it hasn't changed because of an appeal.
It sucks to be down a lot, but we've been here on this same wave with every delay. We waited from March to June for the name change/FS, this case shouldn't be much different. I hope he settles and gets this out of the way, but if not well just have to make our decisions when the time comes.
AI
