One way to see this, sure. If you look at the other side, like everyone is predicting baselessly going to muti pennies, so many people would lose a lot more because they all come back in 000s failing implementation. So I am saving them.
If you’re objective for a moment, you know they did not do LOI with Puriblood instead with some unknown Jessie Chiang and that alone a VERY VERY RED FLAG unless the other side provides proper information and releasing PRs.
It has over 7 billions o/s shares already. Without LOI, it would be trading in 3/4 at best.
Wouldn’t you confirm the authenticity of an agreement that they did with someone no one knows. If it was with Puriblood, i would give some benefits without proof. Even that’s not the case.
So ask them to prove it that it’s legit.