Replies to post #5966 on Branded Legacy Inc (BLEG)

[justhefax]

Mikko

I share the concern but disagree on some points.
I don't know kgkg is having issues, the yellow flag may be due to the dividend or other changes. Elsewhere the CEO has been clear that transparency is a commitment. My point is I hope to understand why this sale given similar business , and the value / share comparison

I also don't agree that the named appointment of CEO to Elev8 is necessarily inexperienced. His resume seems to be heavy in finance. Unclear as to experience in managing a new start up. But can have good team and be fine - just no word.

My note is that he is not listed in OTC (previous CEO from Plad remains). Perhaps due to waiting till all aspects of acquisition are done

My note / observation about businesses is they seem to be almost in SAME business...and want to understand the rational for splitting off.

Also looking for the share retirement. If there is significant dilution on the float then public share value will be stuck .

As just posted it is only 3.5 weeks. But it is now 3.5 weeks without a introduction, clarification on points and statement by an independent CEO however brief.

The 200 mm retire was great... but it won't matter if the rest doesn't follow.

The slide in pps rather than higher in anticipation of new symbol,news, biz plan, company launch and share retirement puts a cloud over this (for me). Should be building strength not only seeing suspect mm'ers on bid and ask.