RE:RE:RE:RE:SacrificeIf Graph starts working in the rising blockchain sector too, where they still have HUGE contacts (Hyundai, Samsung, LG, Korean Post, IBM, ... just a few i remember) and they start mining, then I would like to have GBLC shares in change for Ronin as a blackmark in DM books (extra GBLC share to those 25% I have with each DM share ;)
And I agree, bringing Ronin to the public market costs millions and needs a lot of time. Also I guess because it was written down, there is much more paperwork to do when you want to spin it out the public market, then sell it to GBLC.
JMHO
Torlif
maryhill wrote: If Ronin was rolled into Graph and they became the public entity for cryto mining, the share price would rise into the dollar range very quick. By receiving shares of Graph, you benefit.
To roll out Ronin as a separate public company takes time and millions of dollars to get the newest/efficient technology. I believe Marshall wants this blackmark off the books as fast as he can. Q1 EBITA would be much better and DM share price also.
racetrk6 wrote: I would rather see Ronin sold to Graph for cash or rolled out into a separate company. Personally I'm not interested in Graph shares as I think they are over vailued for what they are at this point.
JMO.