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Re: rockie101 post# 188260

Friday, 10/13/2023 11:06:35 AM

Friday, October 13, 2023 11:06:35 AM

Post# of 197821
Honesty rockie, I'm not sure, but what worries me is if there was another one, I think they would've already went that way. SAGA seems to be a "bottom of the barrel" SPAC, so I wonder why that's the deal Charles chose. Samsung has seen everything, and I'm sure they've shared with others as well, so why haven't any of them ponied up the $$? Instead, we're selling the 2 subs, one of which (BGEN) contains C3 which was projected at roughly $9.09B per year, as well as the AI platform, for $450M (actually for a few shares of SAGA)? Something doesn't seem right, but then again we still don't have the full picture, so who knows.

My frustration comes from the unaddressed 2.5+ year control of our pps. The entire purpose of MM's is to make a market (facilitate trades), but that is the last thing that has been done here. All one has to do is watch VIRT when they appear, and what they'll find is a MM using their capabilities as MM & algo to control the price. They are neither buying, nor selling, but rather using their algo to hold the ask where somebody wants it. Not only is it illegal, it is the furthest possible thing from "making a market," yet it has went completely unaddressed for 2.5+ years. Just gets old watching it go on freely and unaddressed.