Post by
steve55 on Jul 21, 2021 11:03am
financing at 0.50
the financing was at 0.50 with warrants at 0.75 with an acceleration provision at 1.00 ? Is this correct?
Comment by
Joseisok on Jul 21, 2021 11:07am
200m warrants at .01 is correct.
Comment by
steve55 on Jul 21, 2021 11:09am
reply to my question please;i can't find the information on their site.
Comment by
steve55 on Jul 21, 2021 11:23am
I found it; i'm wondering how did they manage to close a placement at 0.50 on june 10 when their share price from april 22 to that day fluctuated between 0.21 and 0.425 ?
Comment by
starj on Jul 21, 2021 11:58am
IMHO why ANYONE would consider buying this stock is way way beyond me.... If interested take a few minutes and go read their interim finanacial statements.....WOW
Comment by
Joseisok on Jul 21, 2021 12:25pm
Due Diligence, so did any one go to China and check out RickPower and Intelligent Battery Technologies operations? Everyone assumes they're going to make maga bucks. Well, we all know how assumptions turn out.
Comment by
MrHorseshoe on Jul 21, 2021 12:31pm
Hahahaha yep jumped on the first plane that I could went to the factory and did a tour. Top notch place and the children were super friendly!!! They make a great battery!!! So while doing your DD, did you not make the trip for yourself?
Comment by
Joseisok on Jul 21, 2021 12:44pm
Licensable Run Down Factory High Resolution Stock ... alamy.com
Comment by
whateveryousay on Jul 21, 2021 12:35pm
No immediate income opportunities but if they are above board with the partnershps and half go forward we will have a winner.These start up tech stocks keep the stress level up lots of risk and occasionally a big reward.I also have NXO with supposed huge plans in the works and great technology but still a flatlining stock too.
Comment by
Joseisok on Jul 21, 2021 12:49pm
The only winners are recievers of equity financing, Lawyers, bankers, traders. The rest get hung out to dry.
Comment by
Joseisok on Jul 21, 2021 12:07pm
The only warrants that will get exercised is the 200m .01 warrants, after they do another PP so they'll have money to do it with.
Comment by
steve55 on Jul 21, 2021 12:30pm
those warrants expire when?