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Thursday, 03/07/2024 10:02:24 AM

Thursday, March 07, 2024 10:02:24 AM

Post# of 76640
Even Lamb didn't acknowledge yesterday's announcement on his IO LinkedIn page. The whole thing with relentless tweets sounds like a marketing ploy to lure the sheep to the slaughterhouse. A share buyback hits Ballas wallet and benefits the shareholders. A reverse spilt doesn't cost him a thing, while punishing the shareholders, but benefits him as he has a clean slate to start his campaign of milking the shareholders.

Then he will put relentless fluff PRs & tweets about Health industry topics and how it's a 10 billion dollar industry and how he is setting the company up to be a big player in that market blah, blah, blah.

Since his slaughter campaign ain't working (he can't lure new sheep), I believe he will eventually seek the other option (the notorious RS) but state it was the wish of the new management of this fictitious company. There was a tweet yesterday where someone ask if there will be a RS, and he responded, but didn't actually deny it. So I am thinking a RS is on the table.