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Number sleven

04/05/21 2:33 PM

#333226 RE: HDGabor #333215

HDG, You and I have no disagreement over the facts that you have presented. We just come to different conclusions based on them. First CEO said gia in europe. Without a partner what else can he say? We have registered subsidiaries. Do we have buildings? Have we rented office space or warehouses? Have we spent money on any type of physical distribution network? If we have I am not aware of it. That doesn't mean much. I wasn't aware of the 50 employees. JZ was fired for not taking any steps to market a product. He was relying on the sale of the company. Could be JT learned from his mistake. We have no pipeline? We have made no effort to aquire other products to sell? I think some of the things they haven't done should be considered.
Just my opinion,
Sleven,

circuitcity

04/05/21 11:05 PM

#333298 RE: HDGabor #333215

Hdg,

I disagree on this:
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b.) despite c- endless whining about what a BP could earn they see it differently and the interested party/ies offer(s) less than GIA value.
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I think, imo, the interest parties offer is less than wha JT/bod wants (not GIA value) so no sale yet. Let us go as what you said, sale of company had always been the plan, then we know their asking is higher than 26sp. The dilemma is imo:

JT thinks the validation should start from what a bp can do with V, which could be dozens Bs; but bp thinks valuation should start what amrn can do with V via GIA, which is 2b as of sp right now. The diff could be more than 10 folds, hard to close...