Monday, August 01, 2022 4:29:40 PM
Take a look at RCP Advisors for example - https://www.rcpadvisors.com/about-us
I know about them because they were acquired by a formerly bankrupt OTC company that I had shares in.
Originally bought those OTC shares at about $.35; about 6 months after merging, those shares were up about 300%. I sold out then. But currently that former OTC company is now listed on the NYSE at ~$10/share!!
So believe me, if ILST is merging with or acquiring Leonite Capital it could be well worth the wait.
PS. At the time of their merger, RCP had about $6B assets under management (AUM). I'm pretty sure Leonite Capital is much smaller than that, but even with only several hundred million AUM, you can see that the potential share price improvement is HUGE (imho).
Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.
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