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Olderandwiser

02/04/22 10:32 AM

#88228 RE: Olderandwiser #88224

email from OPTI IR: acquisition’s “off the table”:

IR Michael G. Iorlano confirms the “acquisition” is off the table:

https://twitter.com/__TheBrownBoy__/status/1489440783828717568

Soheyl: “IR Mike sent this to me unsolicited.”

The acquisition is off the table. They are working together but they will not become a wholly-owned subsidiary. They are now both independent companies.
Mike


So, Sinensky and his associates get to keep how much money and shares of OPTI, and for what reason? Or, will tens of million of dollars of S/H equity be returned to S/H? (Those are rhetorical questions; we’ve seen the Roger Pawson playbook before.)

Btw, here’s a photo of Mike O. on FB, to confirm:
https://www.facebook.com/michael.iorlano