George Sharp commented, "At his behest, I met with Ron in New York City and was flattered by his overtures towards me. It is impressive that he immediately agreed to my conditions, which are geared towards the benefit of the shareholders, including a bar on toxic debt financing and refusal to participate in stock promotion. Having reviewed the company’s business plan, I look forward to working closely with Ron and his development team to bringing the company’s new project to fruition."
Why was George so impressed Minsky agreed to his conditions?
Minsky has been involved with Schaefer for YEARS with PLFM.
Actually I am wondering why Minsky was moved over from PLFM to IBGR.
Guess we will see if history repeats itself with George giving orders now.
Oh wait I meant whether George can bring in the equity for Minskys latest APP project.
“George’s reputation in the marketplace automatically draws attention to any endeavor in which he participates, and we intend to capitalize on his following to obtain equity funding of the development of Nexus’ new project.”
So if the equity funding doesn’t materialize will it be George’s fault?
Another interesting play to watch.