Too many people give the management of OTC companies complete benefit of doubt and forget that they're at this level for a reason. Very few companies here have competent management - the majority are morons, scammers, or failing morons soon-to-be scammers.
“why did the first deal fall through and why wasn't it divulged that they're now looking at a second candidate? And is this new candidate also a "Nasdaq quality company"? “
The fact the first deal fell thru was shared I believe here at least by me and others. But I have no first hand knowledge and as far as I know there’s no requirement to disclose that. How many mergers or merger attempts are made public before they are announced??
Nobody at Clancy I spoke with stated it’s nasdaq quality so like many expectations here they are rumors only. Liz didn’t offer. I do wish this to be true but have no expectation of such at this point.
Not defending anyone Liz or other wise. Frankly if I was selling my house and the broker was not getting my deal done I’d hire another broker.