These were not separate issues. All of these companies were involved in 1 singular Reg A. If the SNMN CEO had acquired all the needed Reg A funding from third party private investors within the short allotted time frame, then all of those companies would've been acquired by SNMN at once. It was an 'all or none' situation.
I think the SNMN CEO could've promoted stronger to attract more investors for that first Reg A, but I don't think it makes him a bad character person for not doing so. I think he learned from that first Reg A, and he's now doing it better this second time, by securing private funding in advance.
By the way, the SNMN CEO still has good relationships with those original Reg A companies, and future opportunities with them still exist if SNMN ever becomes financially strong enough to acquire more companies. But right now, the SNMN CEO is just focused on this current Reg A, which consists of BayGrow Solutions, Kannabis Kings, GEC Organics, and Bullitt Point Productions.
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