Post by
ScarletSpider on Aug 09, 2021 10:38am
There Will Likely Be A Share Consolidation 10-1 or 5-1
is quite likely. The reason that I have said this is that if people recall in the past there were talks about a $5 Daymak public offering it may have even been pressed as the intentions from the company. Now given what I see of the trend this equity will likely hit .50-$1.00 at some point--it should hit at least .50 this year there will be sales news driving the price here folks impossible for there not to be any sales this year. When the sales gain traction and whatever the price at that point it is more than likely a consolidation will be announced. 10-1 will bring this to 40 million shares quite workable at $5/per share for a 5-1 this will need to be at $2.50 a share I will not rule that out but I don't think either company will like the shares to exceed $5 as an ipo for Daymak that way people feel they are getting a really good deal on the shares $10 initially may make people run.
I think this is actually really smart if what I see is going on is happening. I know people will not like it initially but longer term it will be advantageous just as long as the preliminary sales numbers that Daymak hold which are extremely impressive. There will need to be ramp ups and what not but financing from Daymak will handle all that and acdc continues to finance the other things although a lot of the heavy lifting should be done be now on what we have if not the share count will move up again to finance those things but it will not be worrying about Daymak.
In any case, the share value will only rise not go down unless there is no production even low production will see share value rise as the company will continue to finance the ramp up.
right now it is a win win win situation here the value of shares will only rise actually.
Comment by
Joseisok on Aug 09, 2021 11:25am
You're putting the cart before the horse. The products are from China, and aren't legal for slae in Noth America until they are certified, if and when. China is the enemy of the western world. I don't see that scumbag leader of China letting up any time soon.