For me the possibility of Bland being separated from his A-1 preferreds is the most important thing for SSOF other than the Ho/ALIC announcement. Bigger than the upcoming acquisition, bigger than the 2 rigs, even bigger than the audited financials.
Here's why. The acquisition and the rigs are nice, but i expect more of those in the coming months. The financials will put us in SEC compliance, which was always Ho's idea imo, but won't move the needle in the short term. Long term it will be huge should Ho use ALIC to reverse merge this company.
But bye bye Bland and Morris represents a whole new chapter is now here and we can say goodbye to broken promises and shenanigans that were all too common in the past.
That's why i am buying today and locking my shares.