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02/08/24 10:19 AM

#166185 RE: Starlost #166179

" A big company with significant revenue to actually buy the shell, and go public. "
Thank You for the reply.
In regards to the above statement, and since you pointed out that I'm new to this ticker, could you tell me where that expectation came from?
Did Sharp say that, or is it an idea conceived on the message boards?
Seems if there was a "big company with significant revenue" (In the truest sense of the words), they would have just done an IPO and raised millions of dollars.
What is still unknown, is why 35% is a worthwhile stake in his mind. In terms of valuation, maybe that IS a worthwhile deal.
We simply do not know at this time.