I don’t think that’s exactly right. RBII bought all of PAOG assets. From the sound of it, Michigan Pure is going to be taking over the now shell that is PAOG.
Therefore, RBII will not be the “parent” or “own” PAOG because the incoming assets are from the MPM acquisition/(quasi-reverse merger). They are not the existing assets.
What you’re saying would make sense if RBII owned equity in PAOG, however that is not the case.
They’ll probably be working in conjunction but now that management has changed the odds of that are substantially less likely
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