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Halo Collective Inc. N.HALO

Alternate Symbol(s):  HCANF | N.HALO.WT.C



NEO:HALO - Post by User

Comment by sollmgon Aug 04, 2022 3:51pm
89 Views
Post# 34872065

RE:RE:RE:4 Aug Share Count

RE:RE:RE:4 Aug Share CountI don't see the price going anywhere until Alpha Blue Ocean (ABO) is out of the picture. At present it looks like  they spend all month shorting the stock and using a 2.5 Mil debenture to cover their shorts at the end of the month, at the lows. Then they start again shorting the price down The 2.5 Mil monthy draw was scheduled for 24 months in March so this can go on into 2024 if Halo draws the full 65 Mil in available financing. ABO is only allowed to hold 19.9 % of the shares so I don't know how they intend on managing this over the next year and a half. They also have a 12.4 Mil CAD chit from the initial 14 Mil loan they can cash in for shares at any time. IMO the only way you can play this now is to buy enough shares on the last two trading days of the month so you can make a profit selling at a penny higher on the first day of the new month. 
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