RE:RE:Valuation of OmniOn the big part of his shares (somewhere around a million shares) he stated this
"It's the first of the month, so orders that were put till the end of month got cancelled After reverse 6-7MM share float!!!! That's nothing, If a good deal goes in Always in my opinion Eric PS my cost is .024$ for now
Read more at https://www.stockhouse.com/companies/bullboard/v.mzi/mezzi-holdings-inc?postid=26535051#3abmu1twfU2L6u9j.99:"
So his cost basis was 24 cents on that part, he did say he took a small piece of that first low cost PP , not sure if he took any of the second PP.
The problem is back a while ago Eric thought the weak hands were out but they are not. Also in about a month a lot of stock comes off lockup. They can sell short and keep the warrants. There has been never ending selling since December.
They need a business plan and a deal now or there will be a lot more selling from which this will not recover.
He is correct in that after a major breakdown there is some interest building in crypto now . However timing is everything. Another meltdown and they will never get off the ground.
He is also correct in that some potential investment candidates might be cheaper now.