Post by
EricLeboeuf on Dec 12, 2017 8:49am
MZI Trading
The only reason I can think of that the stock traded up to .495$ is that the 3MM$ PP is many times oversubscribed
This bodes well for cleaning up any shares that hit the market next week
Futhermore, the company has to announce changes, details of deal and you dont have to be a genius to figure it out:
1) Info on investee Blockchain company
2) New additions to management and board
3) Spinning out Mezzi Brand for stock in new co.(already announced on last financials)
MZI will have about net 2.7MM$ in cash (after broker commisions)thus being a well financed blockchain micro-cap
It will only have a 16.2MM share float for 4 months thus perfect for trading (not counting .10$ wts)
Warrants (13MM of them)can bring in another 2.8MM$
Also, dont forget what the new advisor (Gary Boddington) did with BTL-TSXV :
June 2016: .75$ to 13.00$ Today!!!!!
P.S> Smart investors in the cheap PP will sell 20% of their position and keep the rest for the ride
This is just my analysis and opinion
Very Long MZI
Happy Hollidays
Eric
Comment by
Tanker81 on Dec 12, 2017 11:38am
Decent volume today, and holding..... I could see a late day push. It is critical the plan and news released before free trading shares. I don' tknow many people that would give up a 5 bagger if left in the dark. The past hasnt' been pretty here, there needs to be new sentiment on management and direction. My two cents