DM's Ronin Blockchain Saga ππ₯ππππππππππ
With the cryptos in the toilet and crypto companies losing money like crazy, Ronin needs money to operate. DM tried to sell it to get out of the burden.
In this $14 million dollar acquisition of private co. Ronin Blockchain DM still needs to issue....drum roll..
The vendors will receive an additional $2,500,000 worth of common shares on or before the first anniversary of the closing date of the Ronin Transaction which is Jan 15,2019. per sedar filings
At Dm's share price of .05c DM will be required to issue close to 50,000,000 shares to Ronin.
The question is: What will Ronin do with the DM shares when they receive them soon as I see nothing of the issuance yet.
You don't need a new hint do you?