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Bullboard - Stock Discussion Forum Omni Commerce Corp CCTXF

Consumer Cyclical Luxury Goods
"Mezzi Holdings Inc is a brand management company, which is engaged in the sale and distribution of various consumer products and fashion accessories. Its segments include Mezzi, which includes leather goods; MLine, which includes luggage and cases, and Capital Eyewear, which includes hand-made eyewear. The company is also engaged in the business of producing, developing and marketing different... see more

GREY:CCTXF - Post Discussion

Omni Commerce Corp > PP
View:
Post by Executer99 on Jul 18, 2017 11:03am

PP

I understand the PP for working capital - mainly tsx fees. But why at .075 ? Should be priced at .15 or .20 cents

My guess is the PP will be filled by management and mainly KR who has lost more $ than anyone as he was buying at .20 and .30 ($2 and $3 post consolidation)
Comment by run33 on Jul 18, 2017 11:08am
I guess KR feels the world did him wrong with his pursies venture so now he has to screw whatever bagholders (oh the irony) are left. This does however leave a tight float of 9 MIL shares not including the PP. Next move will to be to push the paper up to a level, like $.25 cents or so, and a change of business. $1.5 cents is the cheapest the public will get it. Hopefully his next venture is a ...more  
Comment by Tanker81 on Jul 18, 2017 11:24am
Lol he hasn't lost anything.... paying 30k a month management fees..... 
Omni Commerce Corp