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RichieBoy

04/18/24 2:03 PM

#2120 RE: RichieBoy #2119

"Definitive Acquisition Documents " will be SEC filings IMHO

From an earlier PR. AFFU claimed they needed to do a deeper dive into each of these companies, necessary for more comprehensive DD.

Quite understandable given the international enormity of the merger. AFFU has not given any predicted date for the conclusion of this extra DD to the best of my knowledge.

TJG

04/18/24 3:29 PM

#2124 RE: RichieBoy #2119

That right there created a problem for some or maybe I should say confusion.

When AFFU announced they were submitting an LOI with the intention to acquire Durham Black in the January 30 press release, they indeed announced Durham Black company name... They then as a follow up in the Press Release announcing the 3 company's they intended to acquire they stated that the Definitive agreement with Durham Black would be completed in a definitive agreement with Durham Black and Contrivian in a FEW WEEKS.

So why did they name Durham Black in the first PR stating they were going to acquire them but not in this last PR saying they were going to acquire 3 more.

The answer is very simple but many missed it, Durham Black and Contrivian are both private company's and no NDA is required unless either of them asked for it. The 3 NEW company's are almost 100% for sure public company's and none of those company's want their current shareholders to know they are about to be sold... that for the most part can take a stock if they are not crazy about going to the new company acquiring them. So everyone who did not understand that, you now know almost for sure that we are getting public company's in this deal.