I was convinced, as many have communicated here seem to agree, that this change of hands in InfoSpi was going to be one big Pump and Dump. After this news, I'm not so sure. It seems that Dror is doing what he knows best with this potential acquisition of an LED lighting solution company. Let's hope there are big developments in the works at NexPhase. Something here makes me think that Dror and Jon Cooper were close before this LOI. So, I don't think we'll see a rush to get a pump done before March 15 if this is actually going to become a real and ongoing entity. If that proves to be true, they will take the necessary time to get compliant and stay compliant and not rush to pump share price.
I also wouldn't expect the upcoming negotiation period to drag on while they determine how many shares of ISPI will buy NexPhase. It shouldn't be too contentious; I would hope it will be friendly and relatively smooth since I would bet this was all probably in the works before Dror took over InfoSpi. My guess this Letter of Intent and potential deal was the reason for Dror taking control of InfoSpi from the beginning. All just my opinion.
Go ISPI!
