Emergent Health Corp (EMGE)

[DD_dempsey]

With $EMGE- if the goal is to eliminate the death spiral...

This would appear to be an expensive but savvy move. I haven't heard of too many 251G plans that common shareholders weren't at least happy about. I do admit filings in delaware are less public than say...Nevada or Florida but- IMO -it's definitely a better move sell off of assets through a note to an interested party who will reinvest in and then merge two corps to eliminate debt. The commons remain the exact same commons as per delaware rule from day before 251G, as they will day after.
The issue always is- what will they be merging it into? Appolo Health and Wellness. How valuable is this new venture and potential subsidiaries?

I suspect the more that those questions are addressed and the more substance and direction of the 251G and benefit the shareholders- the better this will become. These guys will want to make money. IMO- to get that done most effectively- they need to bring something of value here and by the time they play their shenanigans a year from now (as some claim they might) -- I suspect most folks here now... will be long gone if they don't bring value here to shareholders