Post by
Hiddensecrets on Jul 08, 2021 7:10pm
Wild card (hidden): Mkt cap $ 11.8 million vs PP $12 million
When have you seen that a PP is done for $ 12 million with warrants for another $ 12 million, when a company is only valued at $ 11.80 milllion?
One would have to ask themselves, why did the PP people not buy out the whole company instead of just owning a part of it?
To entice this group of people to invest $ 12 million into an $ 11 million market cap, means that they have been shown or are aware of a WILD CARD, that is hidden from shareholders.
The fact that PP will close quickly means that MATERIAL NEWS must be around the corner.
I had invested in MRS.V at one point and they tried to do a PP for $ 3 million, when they were worth $ 25 million and, it literally took them 3 months to complete and at the end it was only for partial PP, like $ 2.2 million instead of $ 3 million.
Here we have an $ 11 million company raising $ 12 million in some 8 days, without brokers or retail.
What does that tell you?????
Smells like insider trading and of huge material news (Wild card)
As I said, shorts are FINISHED.
I put myself in the shoes of this $ 12 million group, I would want a very hefty return for my money, like 10x or 20x.
mpo
Comment by
Chrisvaughan on Jul 08, 2021 8:18pm
Good chance this goes private on our fukkin backs, somebody get me thevnew ceo email pls
Comment by
fuquebec on Jul 09, 2021 9:58am
This post has been removed in accordance with Community Policy