Exactly Shazbat. Thanks for this very insightful post as usual.
As we all know, GRN Fund is a private company and the fastest way to go public is through a rm with a clean shell. It saves time and money compared to the IPO route.
Also players tend to forget that we're buying into the future merging company and not just the penny ticker currently known as DCGD. The surviving entity will be the GRN Funds if everything goes as expected.
Doesn't matter what's the valuation of the current entity DCGD, its the incoming company's valuation that matters here.
Given that what we know about the incoming company, the potential valuations are much higher than the current DCGD valuation at these levels.
Of course the assumption here is that GRN Fund intends to go public through DCGD. What else for Justin Costello would buy the controlling interest in this shell.
$DCGD
Imho of course.
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