Post by
Planetoflimes on May 17, 2022 9:47pm
Club ryan
stock lists at $0.80 in May 202. All kinds of plans and timelines put on the investor's presentation - manufacturing, marketing. Poda raises cash at $0.40 and $0.75. Stock goes quite and stock price decreases to below $0.40 in November 2021. Stock sinks to sub $0.20. May 2022 management wants to sell for $0.40, and club ryan gets extremely rich due to "negotiation of preferred share payout", while shareholders get the shaft - offered half of ipo price.
Comment by
IIIIIIIIIIIIIIl on May 17, 2022 10:11pm
You did forget the 7.5 milion pp at 2 bucks a share for 15 million.This was the only good thing they accomplished for company raising that kind of dough at that price.But the buyers must feel real bad..My guess they are and were dumpig a lot past 6 months