I’ve noticed you querying a few comments made by another poster re RCF’s involvement and intentions with the SYA/PLL merger and thought I’d share my 2 cents.
Re RCF having the right to install a Board OBSERVER in the SYA/PLL merger, this is standard practice in private equity or capital venture transactions. It’s far from unusual and not unique to RCF, or the SYA/PLL merger.
The poster’s repeat insinuations that RCF’s involvement will see existing members of the BOD kicked out is without substance.
Re the comment that RCF hasn’t requested “oversight” before - I’m glad that the poster said they’re happy to be corrected because what they’ve said is not true.
A simple use of the “search” function in your browser of choice is all it takes to fact-check RCF’s previous level of involvement as Board Observers in their investments. And the list is long.
I hope this is helpful.
GLTAH
SYA Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
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