What news? That a pumper, who's long DSS, wrote a
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Posted On: 10/24/2020 6:40:43 PM
What news? That a pumper, who's long DSS, wrote a positive piece for Seeking Alpha?
As far as DSS is concerned, you could have sold a while ago and still be eligible for the Impact shares. Which aren't at all guaranteed, if you read the company's announcement about the deal. The author's statement, " DSS recently announced it will pay its stockholders dividends in the form of Impact BioMedical's shares." is flat out false.
From the announcement on GlobeNewswire:
"While there can be no assurance that Impact BioMedical will be taken public and/or that any Bonus share distribution will occur, particularly due to unforeseen circumstances including fulfilling the pre-requisite criteria during the IPO application process and market forces beyond the Company's control, it is the intention of management and the Board to take Impact BioMedical public."
To me, it's another deal where you believe a company's CEO because, why? Because you want to.
As far as DSS is concerned, you could have sold a while ago and still be eligible for the Impact shares. Which aren't at all guaranteed, if you read the company's announcement about the deal. The author's statement, " DSS recently announced it will pay its stockholders dividends in the form of Impact BioMedical's shares." is flat out false.
From the announcement on GlobeNewswire:
"While there can be no assurance that Impact BioMedical will be taken public and/or that any Bonus share distribution will occur, particularly due to unforeseen circumstances including fulfilling the pre-requisite criteria during the IPO application process and market forces beyond the Company's control, it is the intention of management and the Board to take Impact BioMedical public."
To me, it's another deal where you believe a company's CEO because, why? Because you want to.
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