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Bullboard - Stock Discussion Forum Tenet Fintech Group Inc Com PKKFF


Primary Symbol: C.PKK Alternate Symbol(s):  C.PKK.W

Technology
Tenet Fintech Group Inc. is the parent company of a group of innovative FinTech and AI companies. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.

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Tenet Fintech Group Inc Com > Recipe for how to kill a stock price for a cheap PP
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Recipe for how to kill a stock price for a cheap PP

daviekin (16) | September 29, 2022 07:11 pm

1. Announce a PP with no price to be filled on a best efforts basis. $20-$30 million implying a 20% to 30% dilution at $1.00. 40% to 60% if you include the warrants.
2. Do #1 in the absolute worst market conditions possible.
3. Drop a bomb in the prospectus basically admitting your $60 million in profits expected for 2023 will not come to fruition.
4. Drop another bomb in the prospectus alluding to illegal market manipulation, including the CEO giving up privileged information for manipulating players to act on.

Are they insane? They obviously don't care about non-accredited retail shareholders. They will dilute them in order to give their accredited investors the absolute best deal possible. Three weeks to close this and the NASDAQ is dropping 3-5% a week. $1.00 is the best price you're going to see on this raise. Maybe less than that. They are doing this intentionally. This can be the only explanation for this absolutely baffling action and horrible timing.

RE:Recipe for how to kill a stock price for a cheap PP

jetfuel10X (89) | September 29, 2022 07:22 pm

As I am right all the way here; I predict that OSC will not issue the VISA for the definitive prospectus;

daviekin wrote: 1. Announce a PP with no price to be filled on a best efforts basis. $20-$30 million implying a 20% to 30% dilution at $1.00. 40% to 60% if you include the warrants.
2. Do #1 in the absolute worst market conditions possible.
3. Drop a bomb in the prospectus basically admitting your $60 million in profits expected for 2023 will not come to fruition.
4. Drop another bomb in the prospectus alluding to illegal market manipulation, including the CEO giving up privileged information for manipulating players to act on.

Are they insane? They obviously don't care about non-accredited retail shareholders. They will dilute them in order to give their accredited investors the absolute best deal possible. Three weeks to close this and the NASDAQ is dropping 3-5% a week. $1.00 is the best price you're going to see on this raise. Maybe less than that. They are doing this intentionally. This can be the only explanation for this absolutely baffling action and horrible timing.


RE:Recipe for how to kill a stock price for a cheap PP

lscfa (1742) | September 29, 2022 07:29 pm

These bozos don't know how to grow a company. The idiots plowed full steam ahead with the NA expansion before raising the money to fund it.  




daviekin wrote: 1. Announce a PP with no price to be filled on a best efforts basis. $20-$30 million implying a 20% to 30% dilution at $1.00. 40% to 60% if you include the warrants.
2. Do #1 in the absolute worst market conditions possible.
3. Drop a bomb in the prospectus basically admitting your $60 million in profits expected for 2023 will not come to fruition.
4. Drop another bomb in the prospectus alluding to illegal market manipulation, including the CEO giving up privileged information for manipulating players to act on.

Are they insane? They obviously don't care about non-accredited retail shareholders. They will dilute them in order to give their accredited investors the absolute best deal possible. Three weeks to close this and the NASDAQ is dropping 3-5% a week. $1.00 is the best price you're going to see on this raise. Maybe less than that. They are doing this intentionally. This can be the only explanation for this absolutely baffling action and horrible timing.


RE:Recipe for how to kill a stock price for a cheap PP

stocksnbonds458 (221) | September 29, 2022 09:06 pm

In other words its most likely over for Tenet. IMO they will not exist by this time next year.

RE:RE:Recipe for how to kill a stock price for a cheap PP

PunkRocky (78) | September 30, 2022 02:59 am

JJ and his team have grown this company from under a million to what it is today......... markets right now aren't the greatest as we all know, but patience is a virtue.  And as JJ has already told us in the past, data analytics will eventually surpass China operation revenue. It's all a matter of time. From Tenet's Preliminary SFP....

"Despite the impact of the COVID-19-related lockdowns in China through the second quarter of 2022, the Company is still expecting overall revenue in 2022 to more than double 2021 revenue. Assuming the Company is able to raise enough capital to expand its service offering in China, even as it starts to operate in Canada, it believes that it can reasonably expect to be profitable by the end of 2023. The Company expects the Minimum Offering will provide sufficient capital to achieve these goals."

Cheers!
PR

stocksnbonds458 wrote: In other words its most likely over for Tenet. IMO they will not exist by this time next year.


RE:RE:Recipe for how to kill a stock price for a cheap PP

TimSanders (51) | September 30, 2022 07:59 am

stocksnbonds458 wrote: In other words its most likely over for Tenet. IMO they will not exist by this time next year.


high debt will sink ya, prime example here
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