TSXV:MCLD.H - Post by User
Comment by
CanadaCoinon Dec 03, 2019 5:52pm
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Post# 30418970
RE:RE:RE:Really Excited About This News.
RE:RE:RE:Really Excited About This News.OMG Scarlet!
Are you a book writer by chance?
I am so sorry and I'm not trying to be rude, but who has time to read all you post. And I actually get lost in the first few sentences. :)
BTW, a NASDAQ listing brings on US Institutional Investors. I am all for it.
ScarletSpider wrote: Iscfa I am personally not in a rush for this uplisting at all. If you refer to my more recent posts to me it doesn't make sense for the company to do a ten to one reverse split when they can easily avoid doing so by starting to list on the TSX main instead and then move to the Nasdaq later...but apparently the company is looking to file for the Nasdaq as well and bring the share count to 15 million.
i had given a very clear reason why this move will likely be smart very favourable and to grab onto the sooner than later. What I see happening is the company looking to further expand and garner good chunks of the market while staying ahead of the curve and others who are entering the sector. Without further strong interest and more importantly capital injection to greater extent from the American market than a stinky conservative Canadian one you will likely be in the same position At is in. Initially, when I was invested there and they reached $5 plus a share making phenomenal gains the company while trading on the oxtcb and being close to the Nasdaq in one of its offices as to my recollection has never achieved that Exchange. It is still pulling lots of revenue has fewer outstanding shares and very much like this one should be trading quite a bit higher from what I can see and guess what exchange it is on...yup the TSX but the main for heaven sakes. Despite mostly having been invested in pennies on the so called Vulture Exchange I have been invested with some companies on the TSX main...one company I was invested in was Espial esp which to my knowledge has been bought out from my recollection. It got screwed fairly badly at good chunks of time on the TSX but I got in when it crashed to .75 and started gaining strength I sold shares in the $2.20 range and it did go up but came down and was getting screwed at the descent prior to which when it ran there was Global Max Financial which was a strong backer and had bought deals at .75 and even at $2.20. Even when people were pulling their same manipulative bs to stifle the price and the equity dropped to $1.75 Global kept buying to give shareholder support. To this very day I have not respected any Canadian brokerage house financial institution than Global...the majority of Canadian backers simply suck...the worst of which is Canacord that gets in cheap financing and then acts like a chopping block...unfortunately they have themselves to blame for this earned reputation.
but in addition to this I strongly feel the Canadian markets are more massively manipulated down than the American ones which often times when things go on the Nasdaq are conversely massively manipulated up and all my comments I made when viewing what has happened to Sphere 3D and what I said about the Canadian market being on the very conservative shiatty downside and the US over bloated.
Remember I am someone who has consistently said that companies need to make sure they have the goods before uplisting to any of the main exchanges. I believe you and I may have held eguana tech in common starting when it was called sustainable technologies stg...the only smart thing that company has done is stay off uplisting but one time they consolidated under Michael Carten for $2.25 per share and it collapsed when they should have consolidated several years back as they gained traction and having solid multi billion dollar partners they didn't and still haven't and are wasting time...where they could do raises at higher price points as I was suggesting on the boards over 2years back...they never reached their .70 target for this reason and that too they had a strong buy rating. The problem was the company couldn't ramp up chose to leave the OS at junk level believing the share value would just go up...I think it made it to around .50 and kept collapsing and still had a strong buy rating but more recently has a buy rating.
now think it this way for this company...it can keep the OS at 159 million plus forget the Nasdaq and try as it may on the TSX main like AT which is in my opinion getting screwed..make higher share value if it will even happen and at $2 plus more shares due to planned and good dilution make the market cap if that happens and that is not likely for what I have shared looking at some companies and MCLD management more than knows this probably Sphere did too that is why they only opted to go from the Vulture Exchange to Nasdaq but unfortunately for them others must have advanced fast and proved too much competition so they literally crashed from a super high $19/share to where they literally went from .75 albeit that is Canadian vs now their US .7968. Trans gaming was very much the same ting...they offered cross platform gaming that others didn't at the time they reached a high of $1.00 and inevitably went under but they stayed on the Vulture Exchange.
Lesson here...at a pinnacle of rapid growth go to the US Main only if you have solid foundations what you will likely see is share expansion around the time of uplisting just see what happens this will be very common but the shares will be cheap around $4-$5. Like I said there may be some who will be part of the underwriting that may be buying now while others due to mandate will not do so until the process itself and a few days before this actually trades on the Nasdaq. Once those houses who not only underwrite the shares but also sees opportunity gather as many to their hearts content do so just watch how the company will get heavily promoted it is then when the shares will likely jump very sharply to where this should be trading right now..around $1.00 but post consolidation...and if the hype train is really crazy in excess of $13 and I strongly believe this will happen...based on monies raised through the underwriting process as well as the company continuing to organically grow which it already is doing so and with more money it can make more accretive acquisitions quite possibly even beating its guidance of $70-$80 million for 2020...just my opinion I am massively speculating here I believe it will make closer to $100 million simply because of what will come out of the Nasdaq uplisting...shares will jump sharply you will likely start to see raises at the higher levels albeit the usual 20 to 33 percent off for the participants and more acquisitions which will add value...this is my guess...but the reason for Nasdaq no its a fact...I know it is the smartest move and the faster the company gets it done despite $1 million a year...they will raise and grow more than that the better.
This all being said let's see where the chips actually fall I just answered you as to my thoughts nothing else...I am excited very smart move on the company's part...shares still stupidly cheap and will only likely sharply jump when everyone who wants a piece of this company gets in as close to ground as possible...those who have more flexibility as I suspect are doing so right now those who dont have that will be paying the equivalency anyways at $4-$5 initially anyways but for us we don't know when things will trigger so best to simply add...the insiders do we don't. The company talked about uplisting I referred to it not too long ago now they have said they are doing the paper work this whole darn thing was most likely already being arranged at least half way through this year if not sooner. When companies talk about a financing in a press release they probably already started the process no less than two months prior. My guess as to mid January having this done is based on the fact the company is already more than likely working with the brokerage houses that will be among the underwriters and of course Exchange approval time. In any case again that is my best guess this may happen then or later but one thing for sure it will likely happen before the second half...when Pat One finally mentioned it they finished it fairly fast within the time I was saying they would do it and it took them 3 or 4 months tops. Assuming this time frame March will be the outside date...I think it will be done in the first quarter coming year but let's see...mid Jan is actually really aggressive but not outside the realm of possibilities if later than first quarter it should not be longer than June...regardless like I said I am really excited things are about to go boom soon enough. The key know what you want when things happen I know my price points and the coming year looks very promising for this company because this one has seen massive growth with an otherwise unjustly reflected massively manipulated down price point only really one place for it to go KABOOM!!! This is powder keg plain and simple not pumping I have laid out what I have experienced and my thought process as to why I am saying what I am. I will sit back and watch now but if I organically have more money I will be coming for more shares here I am definitely greedy for them but still seeing how my second biggest holding will do already sold it down by 11,000 shares only have 2,000 left with a good chunk bought my handful of 2940 here...I do regret selling my initial 2500 when I did but cest la vie I caught this when I did and happy to have these because I know what is around the bend way better than what is now!