Fireside Chat: Good evening my fellow LAHO shar
Post# of 432
Good evening my fellow LAHO shareholders. Just a reminder here. LAHO has acquired a 180 day extension from GSCG.
This was done within 72 working hours from time of the SEC suspension. As I mentioned in an earlier post, this was only done / expedited with the help from GSCG. They came to the aid of LAHO.
Why would they do that?
GSCG has a very clever approach to all of this. For now, they are putting their recourses in other parts of the world away from the almighty FDA. And they are franchising their products / procedures like McDonalds. Its in paragraph #7 http://www.stemcellsgroup.com/our-story/
What does LAHO have to do with this? Look at this on the LAHO website: https://paysperity.com/site/
This is setup for retail / restaurant type businesses. Look at how in-depth they get with their software. People can pay with a debt card / visa / mobile devise etc. And they keep track of everything like big brother watching.
Now apply it to the many GSCG medical facilities that will be getting into this franchise to add to their list of services around the world. No insurance needed, no FDA approval as its outside the US, just a credit card to pay for it.
Now lets focus on LAHO for a minute. Being a franchise with facilities all over the world, they need a software / company that can keep track of all the different sites. Enter LAHO. Why LAHO, well GSCG needs a platform like this but its expensive. Larger companies that can handle it will charge an arm and a leg. So Benito cuts a deal with LAHO to merge both companies. They get the benefit of the pay site / tracking software to handle the load and LAHO gets a cut.
GSCG will make money not just off of their 5 or 6 research sites but on all their franchisees as well. The number of franchisees could number in the thousands in short order. The market will have a forward looking attitude on that I assume.
Yes we will trade again. Looking at the 9/20/2019 PR, it looks like we may start trading before the merger is completed. Might be some legal reasons to start trading again as LAHO before the merger too.
GSCG has a good thing going with LAHO and could do far worse dumping them and tying to find another company to take their place.
GCSG is not going to let this thing fall apart just because LAHO had an old mailing address on file with the SEC.......no way.
So all this commotion with the suspension, from the mm's no doubt, just delayed the inevitable...............IMO
"Trading in the pinks, the only easy day was yesterday!"