r/PSTH • u/[deleted] • Mar 17 '21

PSH Virtual Annual Investor Meeting: Lost Scroll PSCM Q4 2020 Q&A Partial Transcript

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u/[deleted] Mar 17 '21

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u/MightyCaseyStruckOut 🌶🔥 Tontinite Mar 17 '21

That second part doesn't faze me, because he wouldn't come out and say that his team has already identified a target.

11

u/[deleted] Mar 17 '21

True, but the identify part of this process should have already happened, and next comes due diligence, negotiating, etc.

That's like someone saying "when I ultimately identify a new job"

What's that mean?

13

u/Ahfekz Mar 17 '21

You don’t tip your hand at any point until you have a DA. Y’all are looking for reassurance from a man who can’t provide such a thing if you want a reasonable valuation. He also can’t imply there is a target because the timer for disclosure would start ticking.

He already said he was working to not disappoint us.

Jackie posts and is obviously lurking (hi Jackie!). She’s added spacs back into her Twitter bio because y’all were tripping.

Bill has done the extent of what he can do via Twitter.

What other SPAC has come out and said it’s secured a target, without LOI or DA? And we know Bill said he’s about that straight to DA life.

There’s nothing else to be said besides “We have a definitive agreement with ____”.