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Bullboard - Stock Discussion Forum Logistics Innovation Technologies Corp. LITT

Logistics Innovation Technologies Corp is a blank check company.

NDAQ:LITT - Post Discussion

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Post by mrgreen0 on Mar 31, 2020 1:47pm

$500k dilution

At what share price will determine how much dilution. insert from today's news... In addition, we advise that the Company will be required to secure financing of equity or debt, sell investment assets and/or seek alternative financing methods in order fund the fulfillment of the above disclosed obligations.There is risk that the license or approval for planned treatment center may not be obtained and that if approval is not obtained the Psychedelic Insights Center and joint venture will not exist. Some risk involved for sure
Comment by Cgbuddy on Mar 31, 2020 1:49pm
high risk , high reward i think we know where we are here ! thank for the advise
Comment by mrgreen0 on Mar 31, 2020 1:57pm
Just stating facts from the news release.i am a small position so far.the pp price will determine my taking more risk.they will need to disclose that sooner than later.woukd be good to run the share price up and do a higher pp .
Comment by NovaNew1 on Mar 31, 2020 2:03pm
Hows our Champignon investment doing these days? ;)
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