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Thursday, January 26, 2023 9:38:48 PM
Day 50 of acquisition efforts in progress, looking for a 50 day update on those efforts. Takes time to finalize a MOU for a deal, vetting the company, gaining access to the numbers and books, making an offer, have the lawyers on the other side of the deal evaluate the offer and respond. Also remember, the acquisition effort could be the other way, generating a profit means RJDG might be bought by another company’s . Monetizing assets and maximizing shareholder value fully could mean evaluating fair value for the sale of RJDG and maximizing what price shareholders would get for their shares.
my posts are always theory and not financial advice
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