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Re: Fireman02360 post# 509148

Monday, 08/29/2022 9:05:26 PM

Monday, August 29, 2022 9:05:26 PM

Post# of 821874
Fireman, I'll agree with you that discussions on partnerships and perhaps buyouts have occurred, perhaps terms have actually been agreed on, but we know that LP isn't going to take even a substantial multiple of the current price, and partners or buyers don't pay more than double the current price. If terms have been agreed to you can bet that there is a double digit price that L.P. wants and the stock must reach at least half that price before anything is announced.

I don't know that things have advanced that far, but it's certainly possible. If a partnership were going to be announced once the share price exceeded say $6, the potential partner might very well have Institutions they're friendly with help to build the share price once it's reached the $4 to $5 range. They want the partnership and having agreed to the price they'll pay, they'll assist in getting the share price to what they want to see to announce the partnership.

I believe that LP will take somewhat less in a partnership than she'll demand in a buyout, but even in a partnership I believe it will be a double digit price which will value the company at nearly $20 billion.

Gary
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