RE:Currency to ConsolidateAs a private equity fund, WEF will take some time to wait for the stock to price properly after its market debut “to build a following, so to speak,” said Waterous, adding that this goal could take two to three years. At that point, the private equity fund will make distributions to limited partners, via shares, he said.
=======================================================
Pardon me? What does that mean? Where is the funding to pay "distributions" to the Watrous limited partners supposed to come from? Someone needs to tell Watrous that the money SCR makes belongs to the company, not him.
And it will take "two to three years" for SCR's share price to recover from the botched screwing of PIPE shareholders? That doesn't show much faith in their own ability to manage the company.