TSXV:TMS.H - Post by User
Comment by
DiveEstheron Feb 23, 2017 6:20pm
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Post# 25885967
RE:RE:Shares for Services
RE:RE:Shares for ServicesSorry, I should clarify. Dilution will be 10,000,000 shares on Mar 1... the priavte placement was over-subscribed and increased accordingly.
DiveEsther wrote: Things will get more liquid on March 1, as that is when the hold period on the 7,000,000 share equity raise at 0.25 (see NR from Oct. 31) comes to market. I predict that the company will put out some news soon, perhaps to coincide with the Mar 1 date and offset some of the volatility that will likely ensue. There is going to be some near-term dilution. I wouldn't buy here. I think this will drop another 0.05-0.07.
Long-term however, this company has tremendous potential. I would personally wait to invest until plans to market and profitability become more transparent and concrete. I've got TMS on my watch for now.