UCHB is better off this way. PSPJ is clearly focused and UCHB will benefit from it. Already their holdings in PSPJ give them an edge over anything they had with the eLuxe sitting at UCHB.
PSPJ just became very easy to value today. With Capital One paying big money for Netspend, PSPJ looks like it could be a 7 dollar stock or more one day and I am factoring in some dilution.
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