GREY:SOLBF - Post by User
Post by
helpline88on Oct 04, 2022 6:14pm
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Post# 35005380
Re Press Release - Purchase of Darkhorse Films
Re Press Release - Purchase of Darkhorse FilmsI don't think I could have read a worse press release than the one the company released today. I mean issuing 115,384,616 shares is crazy. Talk about dilution. Darkhorse has $145,000 in assets and there was no mention of Darkhorse having any revenues. Not only are they issuing the hundred million plus shares they still have to raise $2.5 million to complete the deal. How are they going to raise $2.5 million? Kaiser Akbar President & CEO states that "this is an exciting day for the company and the shareholders" all while investors are dumping their shares and the bid drops to $.025. What is Darkhorse going to do with it's 115 million basically worthless shares of SOLB. To me this looks like two desperate company's looking for a miracle and neither will find it with this deal. So disappointing.