With all due respect Jax, a likely management response to your point about us holding up the PPS might be, "keep up the good work".
This from The70th's last call with Dave: ... he also said some things have come up that will 'take some time'.
'What has come up?' I pressed. He said he couldn't really tell me, but then clarified that they needed the financials from the Shell... He said that their own financial information was very easy to get and to audit - they have all of that. But the shell's financials he said have been (or are going to be?) very difficult to track down, which I found a bit curious, to say the least.
"Curious" is a very generous word in this context. Lots of pinkies make claims about up-listing and getting the fins audited, etc. And most of these pinkies do nothing of the sort while they dilute the sheepshit out of the stock and bleed the faithful to death.
Red flag alert: Shells have a history. They can be DD'ed before any merger takes place. Come on Dave. You have legal counsel. Your lawyers had to review the shell before you approved the RM. Do you expect us to believe they advised you to merge into a shell with a paper trail so cold it would take 6 months just to come to the realization that it's gonna be hard to track the shell's fins down?
At best, this shows dubious judgment. At worst....well, who here hasn't been a pink bagholder at some time in his investing life?
AI
