Need to keep the board on track this coming week, and discard all the fluff. We have a real gem here that is going to fly when news hits! Have a great weekend all!!! All the repetitive post will be deleted as we move forward. All the info is in the stickies. No need to continually post the same info. Also, all post in comparison to other stocks will also be deleted.
The market has placed a value on the empty shell...reflected by the current pps. I'll watch for further input. Many companies RM rather than do an IPO....it's faster and cheaper...and that's certainly a possibility here.
The public shell (estate) will be EMPTY at closing with PGC controlling 61.5 % and retail 38.5%. Why would Najafi/PGC, or anyone else, RM a valuable, established business into this share structure? ....and give up 38.5% to peeps who bring nothing to the table? I would expect a structure that would allow for selling shares to new investors and raising capital to grow the company...not one that would gift 38% of their current assets to former bag holders. jmho