Post by
IIIIIIIIIIIIIIl on May 14, 2022 9:34am
70 million
Upon completion of the transaction, the company will no longer have any material property or assets other than cash on hand plus the cash proceeds of the transaction, which are expected to amount to approximately $70-million, after satisfying the company's obligations and liabilities.
Divide the 145 million float by this amount at 40 cents its 56 million CDN,If you convert to US its prett much the 70 million.......So PODA should be a either having a million or so in bank up to 14 millin after deal......This s a story of MGT making off like bandits using retail shareholders to get rich ....
Comment by
podatlis1 on May 14, 2022 10:55am
why does it say on the top of the Newswire that poda isPLEASED to announce.. and that they put a million dollars aside to help the shareholders and the others blah blah blah what the hell are they pleased about I can't wait to know the answer to that
Comment by
charlierock on May 14, 2022 11:07am
Don't be so naive. Of course they're going to say they're please. What else are they going to say? Fact is management is pleased for themselves..... not for you.
Comment by
podatlis1 on May 14, 2022 11:28am
oh silly me LOL thanks for the feedback