Thank you for your considered reply. As long as people are willing to admit that this, or any other pink sheet stock, is a crapshoot, then it's fine. Trouble is, some people believe the story as if they actually know what's going on and have something to hang their hat on in determining share value. In this case, we don't know how much was paid for Baron's, or what their financial results have been, so there's really no basis on which to determine an appropriate market cap here, and furthermore, we don't really know how many shares are outstanding, with the TA gagged, so it's a shot in the dark. I still have a problem with the deal because of the history of Galo and BIHC. It was an essentially empty shell before, with no assets that I know of, and no telling how much debt. With no assets, how could this outfit buy any going concern? Add a history of association with Ed Hayter (Galo having been installed as CEO by Ed Hayter as a shill for Ed Hayter, one of the worst scammers I've ever had the misfortune to encounter, and you get a situation that is best handled very, very carefully, if at all, in my opinion, especially in light of some of the outlandish statements made in the PRs. Nobody just hangs out a shingle and gives away free money. Especially not pinksheet stock promoters.
Obviously, the details of the Baron's deal are known to management. Why is management keeping that information from share-buyers? There must be a reason for it, and in my opinion, it can't be good for anybody but the insiders.
But good luck, and best wishes to you, sir, as you wrestle this bear. May your ins an outs fit profitably with the ups and downs.
News 
Market Data 
Discover 
