RE:RE:RE:A clearer estimate of EATS actual valueLike I suggested before this company is sketchy at best. Anyone defending it's legitimacy may have been duped if they don't understand this company just had it's 10 bagger run-up from .40 to $4+ and it may be years, if ever, before it ever achieves anything that resembles that success again.
Check the Canadian Insider link to see
Eat Beyond Global Holdings Inc. EATS Stock Quotes and Insider News | Canadian Insider to see the suspected Rats (principles) further dumping more shares into the public market by the 10's of thousands, in fact here's a snip-it, over 170k (the last 3 days) which I can see for free (you can too) this past Wednesday thru yesterday. Let the pumpers on this board who come to defend this company explain that one, I 'm all ears................. And still no real interim financials, hmmmmm wonder why?
Mar 26/21Mar 26/21Balderson, GeoffreyDirect OwnershipCommon Shares10 - Disposition in the public market
-22,200$1.90
Mar 26/21Mar 25/21Kang, RavinderDirect OwnershipCommon Shares10 - Disposition in the public market
-10,000$1.81
Mar 26/21Mar 24/21Kang, RavinderDirect OwnershipCommon Shares10 - Disposition in the public market
-10,000$1.90
Mar 26/21Mar 23/21Kang, RavinderDirect OwnershipCommon Shares10 - Disposition in the public market
-10,000$2.05
Mar 25/21Mar 23/21Balderson, GeoffreyDirect OwnershipCommon Shares10 - Disposition in the public market
-7,000$2.08
Mar 26/21Mar 22/21Kang, RavinderDirect OwnershipCommon Shares10 - Disposition in the public market
-10,000$2.15
Mar 25/21Mar 22/21Balderson, GeoffreyDirect OwnershipCommon Shares10 - Disposition in the public market
-37,000$2.15
Mar 25/21Mar 19/21Balderson, GeoffreyDirect OwnershipCommon Shares10 - Disposition in the public market
-67,600$2.09
Mar 23/21Mar 19/21Balderson, GeoffreyDirect OwnershipCommon Shares51 - Exercise of options
150,000$0.500
Mar 23/21Mar 19/21Balderson, GeoffreyDirect OwnershipOptions51 - Exercise of options
-150,000$0.500
I do feel sorry for those that got on this train north of a buck and are still holding, but if any are still in the green then they still have options. Others may be left holding the bag for sometime or for as long as this investment company is around.
I suggested I believed share vaue was maybe .20 but I did not take a few things into consideration,. PhDTrader's analysis was quite comprehensive and so the current per share value worth may likely somewhere between .30 and $1.00 as he suggested and possibly closer to the lower.
IMO as other knowledgable traders it does not instill much faith in remaining invested long term in this company (unless still currently green) when the principles themselves are dumping 10's of thousands of shares sold into the public market not just the last 3 days but many more 10's of thousands since late December thru until now, especially when the company is still less than 6 months publically traded.
All in my opinion and again, I'm happy to wait and hear how the pumpers that come here defend those actions, take your time, I've got lots of it while I wait for interim financials and a re-entry share price that truly makes sense to take a chance again, thx.