GREY:ATBPF - Post by User
Post by
Forestviewon Mar 22, 2024 12:47pm
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Post# 35947445
Update
UpdateHey, so going to jump in since there's alot of speculation. And given that Duster is trying to drive down SP by spewing nonsense (again), I'll share some takeaways from a call I had with Dan. He takes calls, Duster. Why don't you actually call him?
Some highlights:
- P2 is still happening on target, and funds are available
- ATE isn't going bankrupt, nor looking to dilute. Plan is to NEGOTIATE with Nuance. Those discussions have been happening over the last few weeks. There will be an announcement when there is something to announce.
- It's in Nuance's best interest to let P2 play out. There is no money to pay them if P2 doesn't happen. Nuance is just a creditor. So, company goes bankrupt, there goes their chance to get their money. So, letting P2 happen is in THEIR BEST INTEREST. This may mean Nuance gets more than the penalty awarded, but a successful P2 will mean it's a drop in the bucket anyway. And, reiterating, it's in Nuance's best interest to let P2 happen.
- The goal is to start P2.
- Nothing can be shared until it's final. Things are happening in the background.
Honestly, call Dan himself. He'll take the call. Yes, he's working insane hours, no he doesn't want to keep doing it, but the goal remains to License Otena, and P2 is the process to get there.
Hope this helps. And a friendly reminder that Duster is ATE's biggest fan when he owns shares, and it's biggest enemy when he doesn't. It's easy to see when he does.
Have a good weekend longs.