Ha ha, too funny LM
So now we have the details on the table, inline with how a market price merger should go.
The intangibles probably make this a good deal for both sides.
The PlayBook for further financing would be to change the name, get rid of the current SGR management, good bye Gestur, and hire a talking head on BNN to tell suckers, I mean investors, that this is a great new play with a cleaned house and promising future. The next great mid-tier producer.
The language has already started.
I will wait for those 3rd quarter financials to see, if I want to buy back in. The way I see it right now is that current SGR investors have just been diluted, and there is still the debt overhang.
The only silver lining I can see is that if the debs get converted, there are more shares in play now that will not just give the control of the company over to them.
Is that even a silver lining?