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tedpeele

12/06/18 11:51 AM

#115154 RE: tedpeele #115151

acquisition to be paid for later?:

Theory from another place:

<<The differentiation I am making is that the merger is not contingent on the financing. The merger is happening and that 8k states the amount of consideration they will receive for the acquisition in the future. We still don't know when that will be paid. That's not articulated in the 8k. This 8k gives them the right to receive this amount. >>

Not sure I get the thinking...Isn't the move to Nasdaq to occur upon the CLOSING of the offering, per the original S1?



Cynomus

12/06/18 12:34 PM

#115163 RE: tedpeele #115151

Ted I've been wondering this too. My take is that he has brought on a lot of talent recently and they are working out the best approach in real time as market conditions continue to develop and change. Remember whatever approach they finally select will be the culmination of very diverse opinions of especially talented individuals. Businesses try to manage everything in their control, but when external factors exert competing influence, you have to remain fluid and agile to respond effectively. I might well be wrong, but I've sat at the table many times contributing to large scale business maneuvers and am comfortable with what I can discern so far. Only a few months ago, I was less red and more concerned. This is just my opinion.