Yuengling's Ice Cream Corp (YCRM)

[SF971]

ReachOut just closed an acquisition of a $1.7 M revenue MSP for $121k cash and 750k Preferred shares at $1 with a 1 year lock-up.

Mr. Rick Jordan is flying across the country hosting MSP Sellers Dinners to court more MSPs to acquire.

Why would any MSP owner sell their multi-million dollar mature business if Trillium dilutes now?

Would Mr. Rick Jordan need to assure prospective MSP owners there will not be dilution within the 1 year lock-up period before Nasdaq listing upon selling their business to ReachOut?

If an MSP owner is selling a mature business, they need assurance that noteholders aren't going to dilute and tank the SP. Those Preferred shares in a year+ need to be more valuable than taking an all-cash deal today.