Post by
staubin49 on Feb 19, 2021 2:08pm
SENS RUMOR....
...I heard the deal for Emerson will be done at .05c at current MC or they will do a RS at 3 for 1 which would put the share price at .15.
Comment by
THORZEUS2019 on Feb 19, 2021 2:14pm
possibility, but where did you hear this..
Comment by
staubin49 on Feb 19, 2021 2:37pm
.....can't say....but it makes sense to me.MM have been holding this thing back since the news.I would have to think that the stock would be trading at or over .15c if the deal was going to be at that price.....just waiting for the news before I jump in.
Comment by
HeatedBiscuits on Feb 19, 2021 4:18pm
he made it up in a feeble attempt to get cheap shares. At this point you either understand what's happening here or wait and chase.
Comment by
staubin49 on Feb 19, 2021 4:46pm
.....I could have bought at .045 but chose to wait for offical news.I really don't understand how you could think my prevous post was an attempt to get in cheaper...I'm on the sidelines until news is released like I said earlier.GLTA
Comment by
1000Isle on Feb 19, 2021 5:00pm
The guy with the insider level rumours is sitting on the sidelines waiting for news lol
Comment by
1000Isle on Feb 19, 2021 6:20pm
Also how do we end up with 15c and 133 million shares for 20 million dollars in this 3:1 RS scenario?
Comment by
Pandora on Feb 20, 2021 2:26pm
One thing I personally can do without is another dam RS. I have been through about ten of them over the past 3 years and have lost far more than I wanted to. They take something of little value, boost it up temporarily (in numbers but not in value) and then it dumps right back where it came from. Just my opinion!
Comment by
1000Isle on Feb 20, 2021 7:01pm
My point was that this will not be happening if you read the language of the proposed deal and do the math. No RS. People just trying to sow doubt... interestingly right after the short wall was attacked on Friday
Comment by
Sinlessbrute on Feb 20, 2021 7:21pm
I personally spoke with emersongrow and sens back in September and confirmed there was no short term RS on scope - meaning on or during the deal, can't comment on what happens months from now of course. This was a concern of mine, and like a half decent smart investor I asked the business directly - hence me putting money where my mouth is with my few million shares.
Comment by
Pandora on Feb 20, 2021 9:40pm
Back in the day when this was Augusta and Moo, then CEO Alan Lone was considered to be in deep with Sheldon Intenwash from ThreeD Capital (C.IDK). At that time IDK was a penny stock. I see it is now over $1.50 and is dipping it's toe into crypto. Any possibility those two individuals are still involved as major shareholders? Haven't heard of Alan Lone in a couple of years.
Comment by
THORZEUS2019 on Feb 20, 2021 1:35am
If you were smart enough, you would see that accumulation is happening at the moment and this is the price to get in. After news release, you will be chasing the price. Not a smart move