Replies to post #32675 on Primior Holdings Inc (PTKN)

[Truenorth2016]

No One Is Reading Yor Book Report!!! Cut It Out!!! GAIA Didnt exist over a decade!!!

[Let's See The Profits]

Before the October 2024 merger, Primior’s legal team would have conducted full-scale due diligence on GRLT, every filing, judgment, and potential liability tied to its past. That’s standard protocol for any reverse merger, especially when the acquiring company carries the scale and reputation of Primior. Zhang’s lawyers would have identified all prior risks and structured the merger to make sure none of those legacy issues carried over. They would have accomplished this through indemnification clauses, which ensure all pre-existing liabilities and judgments remain the responsibility of prior GRLT officers and directors, not Primior. They also would have included detailed representations and warranties, legally binding the former management to disclose every known issue. If something undisclosed surfaces later, it falls back on them, not Zhang or the new entity. Beyond that, the rebranding and ticker change that’s clearly coming will create a clean break between the past and the future, new management, new operations, new filings, and a new identity under Gaia. The structure also comes with legitimate tax advantages, including the NOL carryforwards, giving Primior efficiency without inheriting risk. In short, this merger wasn’t reckless, it was strategically engineered. Zhang’s legal team contained the past and built a framework where Primior and Gaia move forward clean, protected, and in full control of their own future.

Your due diligence always misses the point because you refuse to see the big picture. You zero in on problems like they’re immovable walls, when in reality, they’re just steps in the process of fixing what’s broken. That’s why your arguments are so easy to dismantle; you focus on the noise, not the strategy. Primior’s legal team already anticipated every one of these issues, built protections around them, and laid out exactly how to resolve the legacy baggage. The path forward is clear: audit the filings, finalize compliance, and move cleanly ahead. You’re playing checkers on a chessboard, and every time you make a move, I’m already three steps ahead, game over.

FINRA will process the ticker change, Primior will complete the audits, and in time the company will be fully reporting. The GRLT ticker and its history will be left behind, but you’ll still be stuck there, arguing with ghosts. We’re moving forward. You can’t say the same.

Love destroying this guy

[Let's See The Profits]

Coup-de-graa: to put egg on an already eggy face.
When Primior’s legal team structured the merger, one of the first things they would have done was implement indemnification clauses. These are standard legal protections in mergers and acquisitions that shield the acquiring company and its officers from liabilities tied to the seller’s past conduct. In plain English: whatever happened before the merger, lawsuits, unpaid judgments, fraud allegations, or other liabilities, stays the legal responsibility of the old management, not the new one.

Here’s how that works:
When Primior merged into GRLT, Zhang’s attorneys would have required the prior executives (Greg Mitchell and others) to sign representations and warranties stating that all known and potential liabilities were disclosed. They would then sign indemnification agreements guaranteeing that if any pre-merger claims surface later, the responsibility, financial or legal, remains with them personally, not with Primior or its subsidiaries. This is a standard mechanism in every reverse merger where a private company acquires a public shell.

It’s why Zhang’s legal team would have had no issue moving forward despite GRLT’s baggage. Those liabilities are quarantined, effectively sealed off from impacting the new entity. Creditors from those old debts can’t just chase Primior because the legal structure separates pre-merger obligations from post-merger operations. The only individuals who can be pursued are the ones who caused or signed off on those liabilities, meaning Greg Mitchell, not Johnney Zhang.

So when bashers claim that GRLT’s old problems will drag down Primior, they’re showing they don’t understand basic corporate law. Those protections are written into every well-drafted merger agreement. Primior’s attorneys would have made sure the company was fully insulated before Zhang even considered signing.

In short: the past stays with those who created it. The indemnification clauses make that legally binding. Primior moves forward clean; Greg Mitchell carries the baggage.

Did you not put any thought into how primior would have handled it? NOPE, but I did.

[Q7]

…no one cares fear-mongering Margaret. But they do care if YOU scared them out of 100% to 800% gains, so far…watch your wallet? Its empty if i listened to you.

Tokenization is coming as the next big financial market disrupter and we are .0017. The upside here is insane. To give no credit to this obvious fact says it all….