LL One Inc. V.LLO.P

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"LL One Inc is a capital pool company. The principal business of the company is identification and evaluation of assets or businesses with a view of completing a Qualifying Transaction."

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LL One Inc. > LLO and Bruce Linton

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Comment by SoCalLifeon Aug 19, 2019 5:36pm

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Post# 30044562

RE:RE:RE:RE:RE:LLO and Bruce Linton

ebicaus wrote: I think its a real tricky situation for smaller investors for ourselves for the following primary reasons.

1. First, we aren't entirely sure what the terms of Bruce's limitations are in respect to his termination from Canopy. So to be saying that Bruce wants to get back in, doesn't necessarily have much meaning here.

Bruce has a non compete clause. In Canada Soulement! Not abroad.

2. This company was originally created while he was still CEO of Canopy and although he did not come on board in a prominent position, he nonetheless came on the board for a reason unknown to anyone of us.

lets start asking questions!!

3. According to the prospectus, the biggest problem is that the original sell of shares is to raise money to find a qualifying purchase or investment. Sounds great on paper, but in reality, the real thing is that LL ONE can't really do anything with $420,000.

they also have a low float, and raising funds with this team would be easy. PP as soon as there is an announcement. We also don’t know if there is already an LOI or RTO agreement being negotiated as we speak.

4. For this to really take-off one of two things will need to happen. Either what they were eye-balling back in 2018 became a reality or what this forum was talking about is true, (the board wants to find a way in to buy Kaya) However, for this to happen....

5. There is going to have to be a huge fundraising drive. How is LLO going to come up with the money? Issuing new shares, private placement and/or debt?

ill give Bruce and his team money! Guaranteed there will be a lineup of investors. They probably have the bank on speed dial, and are on a first name basis. (Fuk sakes Gary.... just give me the 150 Million would ya)

6. The scariest thing is what is written in the fine print. They can at any moment delist and scrap LL ONE and poof. it's gone. game over. we lose our investment. It's definitely a risk.