Post by
ScarletSpider on Oct 21, 2021 2:05am
This is Hard To Call
we knew about the deal that was going between Daymak and ACDC there were shares exchanged as well as conditions. I did not take that as Daymak was going to be a wholly owned subsidiary but rather its own publicly traded company and getting access to do so with the share structuring being jointly initiated by ACDC where both are affiliated but remain separate. The shares that were exchanged they were not given was to secure the understanding that ACDC would be providing Daymak with the batteries and it was done so that ACDC secured a long lasting supplier to client arrangement. This in itself was a huge score. Daymaks shares from my recollection would be priced at around $5.00. Now with ACDC shares trading this low if the two were to join I suspect Daymak would become a wholly owned subsidiary and to reconcile the share differential there would need to be a consolidation to match that but that would me a 25 to 1 roll back so people who are saying this would need to happen are not wrong on this basis I don't see it being any other way. So there are one of two options 1 the companies remain strongly but independently affiliated with Daymak shares being worth more than ACDC or they become a wholly owned subsidiary in which there will be a massive consolidation to match prices and trade as ACDC where Aldo was granted significant amounts of shares anyways and the partnership was formed on improved batteries provided by ACDC and Daymaks existing client channel. As long as I make monies that is all I care about but I will lose lots of shares on a 20 plus to one and will simply adjust how I sell accordingly. Either way the reality was this arrangement was going to be beneficial. As I did say despite the huge os with ACDC i valued this at 500 million for a reason Daymak was a big part of it. Anyways, people shouldn't worry about a consolidation like this if that happens I would however do so if the company was looking to uplist and not have anything to support that move. I can see a consolidation to potentially go US market down the line but there needs to be strong revenue to support it. Let's see what happens I am good either way and this stock should have never traded this low anyways. Folks consolidation isn't always bad. It is bad if companies rush to uplist and don't have enough revenue to justify a higher price in which the shares collapse but if they have enough that's when you uplist but I think it is stupid to consolidate on whatever to 1 basis rush and see your price get topedoed. Better to trade on the Toronto Main organically grow and at 4 or 5 uplist. I have seen recently too many companies get a rude awakening I warned about this at skyhealth group and was not too keen on the 5 to 1 consolidation and I happened to be right. I said all that glitters is not gold. The shares initially were at 7.5 fell to where they are now with a year target of $9 to $12. The company rushed for nothing mind you the shares are around $4 or less and they will move up so no matter what people would have needed to wait for the amounts of monies to justify the higher share value so in some ways same difference other than the loss of 5 times as many shares which was not needed to happen. In any case for this no matter what it is a win win win. I bought Bell shares at the time of 911 they were worthless held 20,000 shares they consolidated to the dollar range and I had 166 shares. They did real well but I stupidly sold cheap I think I made a small profit. I usually dislike consolidations but from the few experiences I came out ahead I have welcomed them but only if done properly meaning the amount of revenue needs to help support the higher share value otherwise don't bother wait for until it does. Too many times I think people rush to get high share values on hype some times it temporarily worked more and more recently it never does so I am now of the view to avoid uplisting to US exchanges and prefer companies to first go and grow through the TSX unless you have the goods can dilute your shares because no matter what the under writers want their digs at cheap shares and then you carry it out. But for here I think it is dawning on people this is not a scam...and to those for f'ck sake you guys suck all the info was in the news releases how the f'ck was this ever a scam and should have traded this low!!!! Anyways great to hear and folks major win don't fear the roll back should happen just adjust trades proportionately and accordingly the value is still the same 10,000 shares at .10 1,000 or 1000 shares 10 to 1 roll back at $1 is still $1000 in share value. Now if you have .10 shares and stupid people keep the view this is a scam people shorting harshly keep these down despite the true value vs $1 per share that keeps climbing based on legitimacy what would you rather have? That said the trolls will start attacking on revenue they will say oooo near billion in pre-sales what are the booked values and attack as they do anyways and so it goes that will always happen regardless. If you make money don't worry about whether you have more or less shares. But this is now giving the bite which was really always there again in that news release where Daymak and ACDC struck the deal yet people were constantly deligitimizing it ACDC as well as Daymak...scam my a$$$
Comment by
ScarletSpider on Oct 21, 2021 2:08am
I only have 1600 shares lol. 20 to 1 would mean 80 shares.
Comment by
Tryagainfool on Oct 21, 2021 3:57am
1600 shares are you retarded how can you own 1600 shares but Still use hours and hours to comment here???? You are simply the most rotten n dirtiest of them all, My suspiision when i red your comments here and when you disappeared everytime thee stock went up but came back when it fell, smelled a RAT, n boy had i right!!!!!
Comment by
MoneyMKR72 on Oct 21, 2021 8:39am
Man I'm bullish on ACDC but nobody has time to read your novel on here.
Comment by
ScarletSpider on Oct 21, 2021 9:11am
yeah I fully agree. It's not like I'm holding a gun to anyone's head and I never said they have to! Good day and good luck to you and to all.
Comment by
Joseisok on Oct 21, 2021 8:55am
Easy call, they're broke, penniless and on the way out.
Comment by
Jffff007 on Oct 21, 2021 9:16am
Than why are you here loser ??? Please elaborate??? Why would you spend so much time here ?? Your pathetic josecock smoker
Comment by
Joseisok on Oct 21, 2021 9:20am
That's easy, I'm here to annoy asso's like you.
Comment by
Jffff007 on Oct 21, 2021 9:23am
Your not annoying at all loser. Your just pathetic and have NO LIFE !!! You really think anybody takes your advice ?? Hahahahahahaha Your even more pathetic than I thought. OMG WHAT A LOSER HAHAHAHAHAHAHA....HAHAHAHA
Comment by
Joseisok on Oct 21, 2021 9:34am
Of course I am, pea brains are easy to annoy.
Comment by
Jffff007 on Oct 21, 2021 9:47am
You will never be on my level loser !!!! Some fat p.o.s sitting in his moms basement at age 50, your a joke and everyone here knows it. I don't have to convince anyone of that. Sit here all day waiting for someone to post something so you can retort ( you can look up that work troll) That's even more pathetic. LMAO BYE BYE LOSER
Comment by
KerStockhouse on Oct 21, 2021 9:50am
I wish Jose would pick a hole on this. You never know where they are coming from
Comment by
Joseisok on Oct 21, 2021 9:52am
You're right, I'll never be at your level.
Comment by
Jffff007 on Oct 21, 2021 9:58am
Omg......it took you 30 minutes to come up with that??? LMAO !!! You are slow and fat. What a pathetic loser. Crawl in a hole and disappear
Comment by
Joseisok on Oct 21, 2021 10:05am
It only took you 6 minutes to reply. You're a dedicated fan.
Comment by
Tryagainfool on Oct 21, 2021 2:52pm
Fat Useless basher, you Will be replaced idiot, you suppose to lower stockprice.Such a looser not only ugly as hell.
Comment by
Tryagainfool on Oct 21, 2021 3:18pm
You fiiiireeed you suppose to lower Price of ACDC, now you start to eat your 20 Hats you should eat loooong time before.You Will never have a job in this Sector again, your sleepingbag is placed under the bridge with a group of suicidebomber.
Comment by
Joseisok on Oct 21, 2021 4:06pm
Ok, see you at the soapkitchen.
Comment by
Tryagainfool on Oct 21, 2021 5:04pm
You know that interest rate is between 15-16% to short how do you gonna survive this One hahahaha, looserrr
Comment by
Joseisok on Oct 21, 2021 5:15pm
I didn't know, But I'm not surprised you know.