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nsomniyak

10/11/22 3:29 PM

#55880 RE: Yolo #55878

I have maintained for some time that Sharp CAN'T settle, at least not without the consent of a specific merger partner to specific "just go away" settlement terms.

If Sharp is going to be in the business of selling shell companies to private companies, he HAS TO be able to definitively say "here is the share structure". The private company really doesn't care whether there are 10 million shares out or 5 billion shares out (either way they will eventually likely r/s the legacy shareholders out of existence shortly after the r/m), but it CAN'T be a moving target with claims coming out of the woodwork.
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1kgwxman

11/02/22 8:42 PM

#56860 RE: Yolo #55878

Big buys over 100k right before the close.
So much for those alleged whales selling for a tax loss.