Post by
rockhound3 on Nov 17, 2021 7:53pm
There is a great deal of incorrect information
Being posted.:
My view;
-PH has significant value
-PALA is seriously unable to manage - it is a sad situation with 3 young men all trying to say they are in charge =none with any relevant experience. One is the son of the man who was able to run from Russia with $$$ ( however does he know sheep s-it from Dates?)
- we can quickly show how much $$$ is being spent in Zug and we ask for what? These young men have very very little knowledge/ experience and the strong suspicion is that Stephen is one of the biggest problems as the chairman of the Board of NCU
- Stephen will have great difficulty in getting the next position he thinks he deserves
- in addition to inexperience is the fact that the startup is underfunded
- no doubt the books will come out detailing how the young men tried hard but didn't have a clue!
on The ability to take the company Private we note that the lawyers for PALA are Torys - a firm with serious competence!!!
-add in the very well connected independent directors and top drawer accounting firm = I am very doubtful that this is going to be a midnight robbery!
- thus what I don't understand is why Vlad isnt opening a data room, putting NCU up for sale, closing down his Zug $$$ burning operation, letting his educated son do what he wants and enjoying the few years he has left in this world!
What are we missing!?
Rock
ps a sale in the open market would be good for all ( even Stephen G)
Comment by
Robertis1 on Nov 17, 2021 8:09pm
Based on this rockhound this pp at .77 is the golden handshake to all? the pp filled instantly and oversubscribed
Comment by
Robertis1 on Nov 17, 2021 8:11pm
What would be the 'open market' or behind the scenes takeout price the big boys would agree to? $1.25? $1.50?
Comment by
westcoast1000 on Nov 17, 2021 8:12pm
Pala's current share cost would be on the order of $2, based on estimates I have seen.