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Re: Starlost post# 167245

Monday, 02/19/2024 11:37:21 AM

Monday, February 19, 2024 11:37:21 AM

Post# of 171923
You may have to join a very long line of other shareholders also seeking to get out too. MM's know it and have been shorting every purchase since the big dump. Expect the pps to drop to $0.003 very soon (and even lower) and stay there until year-end. It's either that scenario where a healthy redistribution of shares can reshape the OS over time or a 1:10 RS once the merger is announced. Pick your poison...

GS has no other choice but to stall GVSI until the industry gains more meaningful traction. Even if he convinces a couple of companies to give up 35% for $15m, you can expect the company owners will use the opportunity to cash out rather than invest in the company. Like many here they are looking for an exit too. They've also been spending the last two years watching paint dry.

I wouldn't be surprised if GS has placed a limit on the size of their exit based on his 'more cash' requirements for SRNW. His restrictions may become a sticking point for these companies to agree to their 'non-binding' LOI on March 15. I would expect a few counteroffers to follow before anything meaningful happens.

JMHO
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