I agree with ZPaul and RDY2 that Mark seems to b
Post# of 82669
(Total Views: 407)
Posted On: 06/17/2019 8:39:11 AM
I agree with ZPaul and RDY2 that Mark seems to be positioning SFT for a merger with ACS. The increase in the AS, the otherwise puzzling extension of the time to pay for the patents, the mention of negotiating for new financing when SFT seems to be nearing cash flow positive territory, and especially the mention of 'acquisitions' point in that direction. (SFT is not in a financial position to 'acquire' bigger entities!)
I'm not ready to call this a Reverse Merger because I don't think of ACS as a bigger company, but it would amount to a merger with the surviving company being public (with or without a subsequent name change).
I also see this as yet another reason to add to our holdings.
Erie
I'm not ready to call this a Reverse Merger because I don't think of ACS as a bigger company, but it would amount to a merger with the surviving company being public (with or without a subsequent name change).
I also see this as yet another reason to add to our holdings.
Erie
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