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In Plain Sight

09/28/22 11:00 AM

#18123 RE: damAcon1 #18122

Insiders own/control a majority portion. Would they want to convert their share interests from a pubco? Would the convertible holders of debt also agree? Highly unlikely and likely would cause an immediate default or make good scenario. Simple as I can deduce. In sum, there is no upside to be had. If the OTC isn't the best solution it's still a multitude more liquid than being private. The NEO is the platform for uplisting in the US as a lateral. Think long game and all the concerns seem like a risk exercise with benefit negative (imho) The greatest risk as I view this is a ban or illegality. Too late. We're not run by Mullahs...lol.

Drugdoctor

09/28/22 1:48 PM

#18126 RE: damAcon1 #18122

Yea, Dye and his "friendly financers group" may buy all the shares for .75, take it private and refinance the 13% interest convertibles for 6%, then the company will show a massive profit, that the insiders and financers can then split among themselves. by declaring profit sharing among the owners.. I could easily see that happening...