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Re: Bright Boy post# 500013

Monday, 08/01/2022 2:01:02 PM

Monday, August 01, 2022 2:01:02 PM

Post# of 709407
I enjoy your thought process, but I frankly doubt this will come to pass at this time. I would really love for you to be right, but I doubt highly that ANYONE will today pay $1.5 to $2 for something they can pick up at .70 from the open market. I would love for this to happen, but I do not see it an todays share price. Of course if the common SP goes up then it is another situation, but then it is not the prefs driving the market.

I would also add that I am not sure that LP is willing to give that large a position to some BP with whom she does not have a very concrete agreement with, ie., partnership of sorts. If that were the case she could just announce the partnership and watch the huge spurt in SP that would cause. So why go via this route instead?
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