OTCPK:TRPXY - Post by User
Comment by
Fundy13on Dec 21, 2018 9:02am
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Post# 29145252
RE:RE:Deal is off
RE:RE:Deal is offThey had to terminate the deal in order to start talking with other companies. They were already in negotiations with CURE so I am sure they will start those again.
The stock has already dropped back to pre deal levels so not expecting any further chance in value.
The bid and ask actually went up slightly after the news. I think it is good to just have this done so they can move on. They also now get another $500,000 debt at 5% interest rate convertable to shares at $7. Pretty confident we will at least get back up to the $7 mark, likely higher with a new deal or partner.