We're not giving away 40% or $1M until we get that
Post# of 30029
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Posted On: 11/01/2018 10:09:57 AM
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Re: All Aboard #27271
We're not giving away 40% or $1M until we get that merger through. The deal is plainly off if that doesn't happen.
We're out $100k no matter what for the opportunity, that's it.
Before the merger goes through, we should hear it announced, and soon given that PGI only just released us yesterday and we've got 45 to complete it. Once we know the proposed terms of that deal and what the expected IPO is to be, then we can evaluate whether or not this was accretive. Right now, it's just more complications on top of complications. But to untie a tangled line, you have to do weird stuff.
The major lessons here are:
1. stuff is happening
2. If you ever run a business, don't get too fancy with it
We're out $100k no matter what for the opportunity, that's it.
Before the merger goes through, we should hear it announced, and soon given that PGI only just released us yesterday and we've got 45 to complete it. Once we know the proposed terms of that deal and what the expected IPO is to be, then we can evaluate whether or not this was accretive. Right now, it's just more complications on top of complications. But to untie a tangled line, you have to do weird stuff.
The major lessons here are:
1. stuff is happening
2. If you ever run a business, don't get too fancy with it
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