If the market cap value of the prospective merging company (Propy/$30M) is only about the same as, or less than the shell it's merging with (GVSI/$39M), what is your actual profit multiple going to be from holding GVSI shares?
I do miss the gold old days before George made it official on July 8th, 2022 that Calasse had cost him the Worldwide NFT merger when the company coming had clearly been worth exponentially more than the shell but it is doubtful that is the case with GVSI here today. Not impossible but doubtful.
I prefer my current holding in a Lithium mining company with a current market cap of only $6 million that all indications are will soon be re-calibrated as a $100 million to $1 billion+ lithium company.
Because it's got two key elements George cannot give me: 1) assurance of exactly what company im investing in and 2) Clear and present overwhelming.evidence that its market cap ought to soon be adjusted upwards by a factor of at least 10x to 100X-plus.
For anyone who cares to invest more wisely. This is from a 30 years OTC investor.