RE:Re: MadeLotsOfMoney odzie1 wrote: Its not the warrants holding this back. 1.3 million warrants is a couple of days trading. Its only 130,000. This is the problem with UAV now. Its called manipulation of share price. Heres why.
Pursuant to the terms of the LOI, and subject to the execution of a definitive share exchange agreement (the "Share Exchange Agreement"), Global UAV will purchase all of the outstanding and issued common and preferred shares of AIR for the sum of Cdn. $2,400,000, which will be paid as $600,000 in cash (a portion of which will be used to eliminate all of AIR's outstanding liabilities) and the issuance of common shares of Global UAV equal to a total of Cdn. $1,800,000 based upon a deemed issuance price, calculated at the closing date, and based upon the Volume Weighted Average Price (VWAP) over the 20 days preceding the closing date (the "Transaction"). The Transaction will include all assets, key personnel, clients and contracts. The LOI contemplates the finalization of a definitive agreement that will include representations, warranties, covenants and other agreements customary for a transaction of this nature including escrow conditions, if applicable and employment agreements with key personnel of AIR. It is anticipated that shares to be issued in connection with the Transaction will be subject to voluntary escrow.
Read more at https://www.stockhouse.com/news/press-releases/2018/03/06/global-uav-signs-a-letter-of-intent-for-the-strategic-purchase-of-aerial#Tl6qp2rA1r2AusZJ.99
$1,800,000 based upon a deemed issuance price, calculated at the closing date, and based upon the Volume Weighted Average Price (VWAP) over the 20 days preceding the closing date (the "Transaction").
That is the key wording. Based upon the Volume Weighted Average Price over the 20 days preceding the closing date. This is your manipulation that is coming. Lets keep the share price nice and cheap so AIR gets as many cheap shares as possible. How many times have I seen this game play out. It will come to an end when everybody is satisfied. Heaven forbid giving AIR higher priced shares as payment right boys. I hope I am wrong on this. But I am afraid I will be right. Manipulation coming.
1,800,000 = 10 million shares at .18
1,800,000 = 13 million shares at .14
That’s a good point, I like your facts. That’s why I’m loading up with AIR insiders. And your here holding it back too so your ppl can load. I love this game, that’s why I keep accumulating so eventually we’ll make tons of money together.
This is how it went down ... AIR probably wanted more money to buy them out. But UAV said, listen we’ll give you $2.4 million plus you guys can load up on our stock price for the next week or so. Then you’ll make probably another million or so after it goes over a dollar by summer or year end.
That’s my thoughts/opinion. Of course. Either way this is all happening, it’s only a matter of time where we get extremely rich. UAV basically giving subliminal messages to shareholders and the public advertising everything they are doing all over the world on social media etc. They are going viral. Let’s have a good week. And a good end of the month:)