Omni Commerce Corp CCTXF

Consumer Cyclical Luxury Goods

"Mezzi Holdings Inc is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different brands and categories of consumer products through omnichannel sales platform."

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Omni Commerce Corp > To me , it looked like...

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Comment by ctblizzardon Jan 17, 2018 9:19am

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Post# 27375415

RE:To me , it looked like...

On the 15th of December I posted this about the Crypto bubble. Since then Cryptos have lost nearly half their market value. On Dec 22 I posted that if they let the Mezzi price fall much further they wouldnt close the PP (and they didnt). I also posted that when a company closes a "tranche" early my experience was that they do not close the full PP. As it turns out they never closed any of the initial PP. It has since been repriced and now we are in round 2. Right now the air is coming out of the blockchain area as predicted and they either have to close this PP immediately or there will be a new huge set of bagholders who thought they had the opportunity of the lifetime for a 10-20 bagger holding some pretty big bags. Essentially all these people have done so far is allow a close knit group of people to sell the prior PP shares that became freely trading on 12/15. If this PP does not close soon I would be highly suspect of the whole thing as just a means of goosing people into buying yet more shares from the close group (those that bought at 7.5 cents).

ctblizzard wrote: (as I have stated before)

It looked like people flipping shares back and forth as Mezzi stock rose. Then once people said the private placement had been filled all the buying stopped, and some bid maintenance came in and thats about it. It has gone from 49 cents to 31.5 cents since. No news.

Of course these are just how things appear and my opinion only. I guess since we do not have news today something should come after the close or Monday. If 80% of the private placement was a few big players, that might mean only a million and a half-3 million between shares and warrants to churn through but without news it might not be pretty.

We all hope this goes well, and that would be the best thing for shareholders to look beyond the things that happened in the past.

One other thing, Cryptos and blockchain are in bubble territory now, to get any wind out of the new change in direction things really have to happen fast. The Fed is also raising rates taking some air out of the bubbles.