TSXV:CLAS.H - Post by User
Post by
Amazighon Jul 08, 2021 12:20pm
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Post# 33514950
The slow process to success
The slow process to successJust a reminder for the weak hand, the pessimist, and the impatient.
The RS is accepted and will be a 20 to 1 split. It takes time before all the legal papers/data are filed/processed/etc. I think this week or the next week we"ll hear when the split will be. Then the fun can start!!!
-There will be several PR's that will drive the SP up, including a refund of $700000, the start of phase I, and probably some other PR's
-After RS there will be a private placement, and because the price is well above a certain threshold there will be institutional investors involved
-Involvement of institutional investors will drive the SP up
-Announcement of the start of the different cohorts in phase I. The start of the next cohort means that the cohort before was successful. This of course will drive up the SP
-Because CLAS is heavily naked shorted, this will be accompanied by a nice and hopefully epic short squeeze.
In other words, we will never see these low SP levels anymore, SP will be well above $1 (after RS) and probably even more.
When phase II is finished, I cannot imagine where the price will be at that moment.
Of course, this scenario only will happen if RS is accepted and more important phase I is successful.
But again, this is just my opinion"