InvestorsHub Logo

3Angels120702

08/05/19 9:21 AM

#63933 RE: DONT SQUEAL #63930

What would you do if you thought this stock was going to 1 cent...even if you had to pay higher than the current market price. Now if you're willing to admit that LRS has no intent on a long term commitment here and are just going to exercise their warrant and sell the shares or do a cashless exercise as soon as the warrants are in the money I'd agree with you. But that scenario isnt the hype here which has been LRS going public thru this shell

deal guy

08/05/19 10:15 AM

#63934 RE: DONT SQUEAL #63930

GS Pipe is a different entity from GS the Bank. They have not used GS Pipe as a vehicle to take anything public. They have only used it to make investments in early stage and growth companies.

It is my opinion that GS would never use ECOS as an IPO vehicle. There are loots of safer ways for LRS to go public than through this shell. If you knew LRS lawyers you would know they are likely going to use LRES to go public. A lot less hair.