They haven't hedged their bets, they are buying insurance that product flow will genuinely increase over time. In order to become a distributor of the product they will have to make significant investment at their end (significant, at least, relative to their investment in SFG), and they want some certainty that the investment in their own business model won't be left hanging if PSD doesn't make it in a reasonable time frame.
To that end, they have locked in product now, and allowed themselves the option to buy out Cardwell to ensure an increasing product flow if PSD drags the chain (or, in fact, doesn't make it over the line). It doesn't mean they don't believe PSD will be completed on time. It just means they aren't complete idiots.
The option is probably one of the reasons SFG were able to sell Nissui a 7c share, or an 8c share, or even a 9.1c share, for 10c, and sell a lot of them.
What is really interesting me now is how Nissui will help SFG forward Project Sea Dragon aside from their recent equity investment. Instead of constantly articulating your greatest fears for SFG in an attempt to psycho-trick yourself into assuaging any disappointment on the downside, why don't you channel your thought processes towards that little nugget? You obviously spend a lot of time thinking about SFG, and any observations about what Nissui might bring to the table in regards to forwarding PSD would be appreciated
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