Everyone is entitled to their opinion. Some posts are long drawn out assumptions of what is taking place in Obocon as a corporation. There is a great deal of speculation and blowing up of the situation from what I have read in the past month. I do not see the point.
Nothing has changed from earlier conversations with both Sam and Suresh They are still who they were a year ago there is not a huge number of people involved and rolls have not changed.
We all know that Dr Doki with a group of investors, mostly doctors and family friends were shopping for several shells in an attempt to form SPAC's, We all know about RLBY and MISM. CLSI was among these and the shell was offered to Sam. Dr Doki has an financial interest because he originally purchased the shell. He is involved as a silent partner according to previous conversations with Sam and Suresh.
The changes we have seen have been planned as The CLSI shell moves to a new company. Yes Obocon is and has always been Sam's company. He has had many ventures in the past. Acquiring a shell from Dr Doki allowed Sam to bring his ventures under one roof and build a SPAC, Special Purpose Acquisition Company.
The first acquisition, Anthea was brought into the shell, Obocon was also brought in as a paper move to establish the company and change the name from Clancy Systems. That is who OBCN is today.
Marketing agreements have been signed as Obocon continues to work with Anthea and develop products. Devine Ghee, Fox Nuts, bottled water and even new acquisitions yet to be released. Solid growth and scaling up with new products and marketing agreements.
Everything is moving along from what I have seen however there has been an obstacle with the OTC. This is know by everyone and is nothing new. Until it is resolved I can clearly see why press releases, reports, etc have been held. There is a reason for all of this.
One of the biggest changes is the hiring of Preya Co. to communicate news and information to shareholders. This has been done we all know what the issues are and we are all waiting for issues to be resolved, reports to be released and acquisitions to be announced.
The best part of this is that Preya Co. has experience with all of this and is able to advise Obocon on what needs to be done. I would assume that shareholders would understand this and allow her to do her job. Obviously Sam has been advised of what is best for Obocon.
So here we are, waiting. The funny thing is that almost all of the shareholders of OBCN have stated they they will sell as soon as their loss is decreased or if they can get out flat or with some profit. Shareholders will be selling and moving on.
There is no one here that cares about what Obocon is doing or is investing in Anthea and the potential for growth of this company. I am sure this has been communicated to Sam. Obocon needs to have investors that see the potential for the future of Obocon.
Traders, flippers or old left over longs from CLSI are not the future of OBCN. We all know who we are, we all know what money we have in OBCN. As for me I look at what my money is on a daily basis. Not what I have gained or lost but the potential of what it may be tomorrow.
Hopefully a gain, possibly a loss for tax purposes. But it is what it is day to day. Every day I ask myself would it serve me better in OBCN, cash, or elsewhere. I trust that OBCN will do well in the future and am excited to see what Sam will bring to OBCN.
That is how I feel after talking with Sam and Suresh. That is why I always end with "Holding OBCN Long" I like and trust Sam as a person and can see the potential in Obocon. I like him much more than The Wolfsons and CLSI.
Holding OBCN Long.
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