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lumpy9200

01/02/20 5:41 PM

#2896 RE: LaFortuna #2895

I suppose we'll just have to wait and see what happens. I could be 100% wrong, and also could be wrong about David Lazar but that's another thing that has me thinking here. If this turns into an epic disaster for shareholders, it makes Lazar look bad IMO. It would give investors pause for all his other ones. I can't see how he'd be comfortable with that. He has a great reputation, and it would be tarnished severely. Regardless of why it happened or who made the call to do the R/S, Lazar won't be able to simply wash his hands of this and say "it wasn't my call, the buyer had me do it". Feel free to tell me I'm wrong here too, and maybe I am. But I just can't see it. To me, it's more likely this company wants to uplist in 18-24 months, will add shares through employee compensation and the like (non-toxic, restricted, etc), and this turns out well for shareholders and David Lazar looks brilliant.....as usual. Time will tell though, that's for sure.

Best of luck to you
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AllinFun

01/02/20 5:53 PM

#2898 RE: LaFortuna #2895

And answer the question as to HOW the company (Chinese) make money in this scenario IF there are only 34k shares to sell and they are deemed worthless within days of the first trading day? Makes absolutely no sense. There is no money to be made in that scenario.

BTW DOLV/JBZY was just a terribly managed company that had huge speculation due to their comparisons being made of the TESLA of China which was horribly presented and force fed to investors. So there is no comparison to here where the merging company has not even been officially announced and the market cap is sitting at $200-$300k vs millions in the other example you presented.