Tuesday, March 19, 2024 11:54:08 AM
I mentioned before the LOI looked a fishy to me.
The company that made the LOI is not in a good financial position.and neither is BZWR so combined they would be a bigger company in bad financial position. BZWR has large notes to pay. Also why would a company want a company with a lawsuit pending and without future guidance and the CEO not even acknowledging that he received a LOI even though the bidding company made it public.
Just my opinion.
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