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Replies to #5535 on Alset Inc (AEI)
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Niceguy1

07/15/22 9:52 AM

#5539 RE: powerbattles #5535

He needs to merge AEI with DSS to avoid delisting or file for extension.
Still don't know what his plan is for AEI...if the note is being held by DSS and the price for DSS expected to be @ or above $10 by the time the note expires or sooner...then DSS is where we should all be looking to move our money to so I am ok with a merger in that scenario as long as DSS buys out AEI...the CEO could execute that buy on a stock buyout (no cash)..having a 3 to 1 buyout..we get 3 shares of DSS for every AEI share (valuing AEI at liquidation not market cap)....I'm sure him owning both companies can execute this share buyout if he wanted to and avoid delisting for AEI that way....it would dilute DSS but if they really expect that company to take off a few months...then it would be ok