Ibc/ucore deal
I too was disappointed in the news regarding ibc, but those of your who know how the legal system works knows that these cases can drag on and on and on with no real victory.... Look at Donald Trump's legal history... Case and point. They cut their losses given their potential with RSX. The share price tripled in a month based on the backs of new investors who invested in RSX and the SMC, not MRT. The long-term shareholders are emotionally attached to the legal proceedings, new investors do not give a sheet. Hopefully there is a silver lining with the deal and Ucore did their due diligence signing off on this. Remember AIDEA and DOD are two different entities. You actually need to have a solid business plan to get any Aidea funding. DOD grants are based on potential not necessarily a business that can pay it back. Our market can easily triple based on solid news compared to our peers. I trust the management even though it was a disappointment. Look what happened with the reverse split.... It was unpopular but looking back it was the right move at the right time.... There is a bull market on rare earths and let's give them the space and some time to let this play out. LISA, Randy Johnson, concept management and Aidea are clearly committed... AIDEA only supports businesses that work.... They are kicking the tires and committing some dough.