So will this ordeal benefit Pasaca? Yes in that Pasaca acquires their balance of shares to fulfill the agreement at a lower pps then previously expected. They not only receive equity and a 51% control but a net operating loss in the merger! We know the NOL was 60 million as of 12/31/19. Lets hope shareholders will be given a buyout option for their shares or a favorable conversion in the new listing! Sit tight stay the course!
$5+