Oh, Tenet will survive alrightIt isn't going anywhere. If it didn't die in 2014, if it didn't die in 2017, it's not dying now. The cash inflows from financings keep coming. There is a clear hierarchy that PKK is loyal to ensure that happens:
1. JJ's ideas
2. Long time and accredited shareholders
3. Retail bagholders
JJ cares about group 2. Because they are the ones who sign all the checks to keep the cash coming. The Mackie guys, the Quebec investors, Cathy Hume's people and the "leaders" of the retail crowd. It's funny because guys like PunkRocky and the CEO.ca bagholder cult defend PKK to their death. When the company uses them as convenient fodder to ensure the accredited investors have plenty of profitable liquidity opportunities so the checks keep coming. It's no different than how Trump views his cult of Ohio slobs. Cannon fodder to fulfill his dreams. That should be obvious when reading the section of the prospectus surrounding the AMF allegations. Even if PKK is 100% innocent of any wrongdoing, it should be made perfectly clear where their loyalties lie. And it ain't to the guys bagholding 5,000 shares at $10 and posting on CEO.ca 15 times a day.
Lscfa and Nakate pretty much nailed this too and could easily join group number 2 but insist on cucking themselves to group number 3 then filling the Stockhouse message board about it as their only coping mechanism. I personally love being in group number 2 and only occasionally posting truth bombs.
Once this PP closes - market sentiment pending - the stock is going to take off. The accredited investors need their quick cash. Just like in the 20 cent financing back in August 2020 and the $2 financing back last year. Which were the start of major runs for the company. Some of the smartest retail traders might break even or make a bit of cash. But the ones who bought the warrants - the accredited investors thank you for your donation to their wallets.