OTCPK:TRPXY - Post by User
Comment by
Fundy13on Jan 09, 2019 12:59pm
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Post# 29206961
RE:RE:HUGE
RE:RE:HUGEI agree, but you have to think at the very minimum HUGE would have kept the 130million share offer. They were comfortable giving up a certain percentage of the company based on the 130million shares, it was when share price dropped and they would have to give up more shares that they had issues. 130million shares at $.40 would be about 80% of what the original LOI offered. You would think they could find middle ground in HUGE AP stays in this range or increases. The big mistake HUGE made was agreeing to the share being issued at the 20 day moving average, they should have set the price a the time the agreement was signed.
Pretty sure IF they moved forward the LOI stage woudl be skipped and they would go straight to a difinitive agreement so seting the SP at time of signing would be wise.