Tuesday, February 06, 2024 10:34:58 AM
I guess the non-binding part is keeping potential sharebuyers on the fence.
And more importantly, if ABC is "acquiring" this supposed company, how is Sharp going to pay for it? If the company is actually worth anything, he is going to have to sell a crap load of shares to pay for it. Right?
And what does he mean by "significant interest"? Does that mean a majority? I don't think so. It could just mean 10%?
But this just proves what I've been saying ALL ALONG. GVSI/ABC is a holding company and trying to "acquire" other businesses. Most likely start-ups. In this case, he did say "established" but what does that even mean too? This is all so vague. Established could mean it's been around for more than a year, maybe, but still has little to nothing in revenue.
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