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Re: trader59 post# 70092

Saturday, 05/18/2024 12:30:43 AM

Saturday, May 18, 2024 12:30:43 AM

Post# of 76204
IMHO, your concern regarding the converted series "A" and "C" shares is perhaps more investor anxiety than reasonable cause for doubt. Because...

1) VS Services (Richard H.) is all about warehousing and transportation. Richard H. and VS Services were likely compensated < $1M for logistics planning/preparation.

2) MSC is all about investment banking and corporate financing consultation. MSC is probably JFHE's resource for the challenge of learning/implementing U.S. accounting standards. Indeed, the IGPK EOY Amended filing specifically states that new executive management is "bothered" by U.S. accounting but adapting. MSC was likely compensated < $150,000 for U.S. financial statement preparation and consultation.

Again, this is simply a rational interpretation - not actual facts.
Bullish
Bullish