RE:RE:RE:RE:MOU's and Investing - Contract or Smokescreen Patrick2Linton wrote:
schocor wrote: Patrick2Linton wrote: It should also be noted that the company still has an open PP at .12 of which they disclosed they could close a third tranche. Last tranche raised $116k. Not the easiest of markets to raise capital so hopefully company can close this next tranche for more. Gracias. Tik tok. Grinnnn and Spin. Cheers mate.
Huh? Curious that this trading at $.155 if yuo can feasibly buy the shares at $.12 via Private placement. My calculator awaits!!
"The company may close a third and final tranche on or before Jan. 20, 2023. All securities issued pursuant to the offering are subject to a statutory four-month hold period in Canada following the closing date."
Well, thats two key events set up right there.
Discouted purchase price on the PP TOMORROW; wonder how that bodes for tomorrows open on the secondary exchanges?
Then the 4 month hold period; if people can buy at the discounted price of $.12 and IF the price in the secondary markets remains HIGHER, there will be a pent up incentive to sell at that 4 month mark - May 20th.
Mark your investing clanders. Good work Patrick.