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Re: mzasif post# 1378

Wednesday, 10/30/2024 11:08:22 AM

Wednesday, October 30, 2024 11:08:22 AM

Post# of 1380
Since we can't know what the terms of private investors stake in SRE Power were before Reggie took the company public to where they stand with relation to being in a favorable position, granting them shares at $.10 is reasonable. They have to hold those shares for 1 year and they're probably confident that after that time is up they'll be worth more than that.

But him stating that anyone, accredited investors, no less, would pay $.25 a share is not reasonable. I worry that he would say that without an explanation that either makes sense because there's more to it, or he misspoke.

And not getting a reply to my questions regarding the revenues reported is bothersome to me.

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!

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