Replies to post #45418 on Bell Buckle Holdings (BLLB)

[oilin07]

Yup

[michael702/]

👍👍👍👍👍😁😁

[michael702/]

Absolutely got to get rid of them
Ihub does nothing

[Kool Aid Man]

Don't blame me for " ruining chances of a good company merging with" BLLB. I'll let management's own words from Jan 8th set the record straight

Management and its representatives are actively engaged in procuring a merger. In Q4, Y2023, it believed a merger would be completed by December 31, 2023. In fact, a LOI was negotiated, and its terms pursued. However, after the targeted company attempted to pass the due diligence stage designed to ensure BLLB shareholders receive a high-quality asset, it was determined that the incoming targeted merger Company was either unable or unable to pass BLLB due diligence process. Our findings supported our suspicions that the targeted incoming merger company required excessive cash to reach its objectives. This would of exposed the Company to excessive dilution which we felt was not in our and our shareholders best interest. Our further query also confirmed that there are better companies that could deliver value to the BLLB organization and vice versa. After exiting from the youth sports industry, our goal is to consummate a deal with an existing entity in a high growth, rapidly scalable space. We have retained a West Palm Beach M&A firm (MMG) a boutique financial services firm with nearly 20 years and hundreds of millions in merger deal under their belt. They wisely advised the Company with respect to the proposed merger “you only get one shot to get a great company in for your shareholders, so do it right this time.” The result was that we passed on the LOI and will do the “right” deal. ...
https://www.otcmarkets.com/otcapi/company/financial-report/390324/content

FYI, that statement was made 5 days AFTER my first post about BLLB wherein I challenged PDgood to back up one of his far flung conspiratorial claims (to which he didn't reply) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173553945 .

By stating the above BLLB management clearly assured investors of its ability to conduct DD. Moreover I see no official announcement by them that an LOI or MOU had been entered into with a rumored "$100 million lithium mining operation."

IMO any time both parties in a merger are operating ethically and in good faith they can easily withstand some pointed criticism based on verifiable DD. You can't blame a few critics on a scarcely read discussion board for their failures. However, I personally find it unethical to announce an intent to merge with another company before any serious DD has even begun much less been completed. IMO the only reason for doing so is to spark a run up of the stock price by pumpers.

[RMS555]

What Kool Aid is saying is completely true. No-one here has provided that much real information on this board since ive been here (about 2 years).

Good on the other hand is highly delusional, and he is saying things that have nothing to do with BLLB anymore, or anything to do with reality!!!!

Im still here, waiting for Merger News !!!!!!!!! its been over 4 months since divesture of Jump Start Sports, and we still have seen the "immediate" Authorized Share reduction that was in the PR from 10-10-2023.

https://www.otcmarkets.com/stock/BLLB/news/ReorganizationShare-Reduction?id=416921

Lets Go BLLB !!!!!!!!!! Merger News!!!!!!!!!!!

[michael702/]

Both will end up in jail