We have two pennies to rub together and we’re prepared to submit a buyout proposal to $NUGS management subject to reclassification of option and warrant grants.
Management has not been receptive to our internal communication and we believe the majority foreign ownership is playing a pivotal role in this lack of corporate duty to respond.
We formally offered a penny last year and now we’re prepared to offer a minimum of .02c subject to reclassification of shares outstanding.
If management is interested in responding, we can be reached at lvckllc@gmail.com.
Our proposed minimum buyout price represents an approximate 200% premium to current quote (.0064).
As a sizeable stakeholder holder in the company, we’ll consider non-response corporate negligence and reserve the right to begin an activist campaign to have management and the board removed and taken over.
We are hereby giving Management till 4/10/23 to respond. If we do not hear by then, we reserve the right to pursue other means, likely more hostile in nature.
Thanks!
PAWN 