PSRU is likely slimming down to focus on media. They own ABA Canada as a brand but aren’t doing anything with it. NBA owns the ABA in the states and branding licensing etc. They are registered as the owner on the USPTO website. There’s value to someone who wants to license and brand ABA Canada. Selling it makes sense. If another pubco buying, PSRU commoners could receive shares for the exchange instead of cash. Likely what will happen instead of cash to PSRU. Xavier is trying to move the pps here through a spinoff of asset for shares. This works almost all the time.
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