My background is with a family owned business that made the big time. I kind of identify with Sulja, in the merger with Consultech, as I've been in that spot before.
I will go with the assumption that Sulja is square. And I'll assume that there are no family issues to kill this deal, though the continual delays could indicate that.
Even with those assumptions, one must understand that when Sulja and Consultech come together, it will not be Sulja calling the shots. Consultech will make the calls.
I don't know why Consultech is going this route to take their company public. It makes little sense to me. Maybe I have misunderstood what is going on.
If Consultech is moving into major markets like Dubai, then what are Sulja and Loftworks bringing to the table?
All I'm saying is, there could be many reasons why Consultech is acquiring/merging with Sulja and Loftworks. To think that they have the best interests of shareholders of LFWK as a number one priority seems to me naive.
Add to that the seeming deficit of info on any of the involved parties, and this looks more and more like a way to line the pockets of the people who dreamed this whole deal up.
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