I sent a text the other day asking Blocker if he would clarify a couple things for me. He responded today.
Here's what he said:
Yes, the LOI I mentioned is with a separate company 'as an acquisition'. Esko was a sale of the Group's assets. It would not be a reverse merger. At this point that is all the info I can give in addition to what was in the notice to shareholders.
I had asked him earlier if I would have value in my shares greater than .0005.
Here's what he had to say about that:
The 'expectation' is yet, but not for 6-9 months.
Before anyone starts dreaming they are going to make tons of cash with Cape. Blocker's answers to my questions pretty much squash those hopes. Could Cape trade in the pennies if trading again. Yes, but highly unlikely given the value of the 'new company.' It's fun to speculate sometimes, but then reality sets in and you have to realize you'll be lucky to get a return on your initial investment. The 'new company' will not have a great value. You can almost guarantee a RS of about 11:1, which trading at .0001 would give you a value of your original investment pennies on the dollar.
If anyone wants to refute Blocker's text to me, then send me your email address and I'll gladly send you his texts from my phone so you can irrefutable proof we are all screwed.
