Post by
Liked2Think on Nov 23, 2021 11:09am
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So they have the PP now and money to run for another 2 quarters at a minimum.
Its also got to be assumed that CARE will meet their 4M mark and get their 8 million additional shares. I mean if they cant do $4M in a year why did Stage buy them.
The question is when do they do the RS. You all know they wanted to do one awhile ago that got pushed aside. So do they get that done before or after they give CARE the 8M shares?
I bet I know what CARE wants them to do.
They have to wait a bit now since the PP so when will it be? They are in a tricky spot if they dont start making money to support themselves they will have to float more shares and if they do that they cant do the RS.
Comment by
Gentian on Nov 23, 2021 11:20am
Did they announce a RS? Can't find anything. They did a RS (8:1) in September last year.
Comment by
Liked2Think on Nov 23, 2021 11:24am
no they didnt. They announced one awhile ago but due to unpopular demand it wasnt pushed through. It would had been a 2:1 if it had
Comment by
13X2413 on Nov 23, 2021 11:28am
Judging by what happened since yesterday's close, looks like they did an unofficial 1 for 2 this morning. :(
Comment by
Positivelive1 on Nov 23, 2021 11:45am
So, who leaked the information that moved it to .55 yesterday? This company has serious problems!
Comment by
RelevantStock on Nov 23, 2021 2:55pm
What information?... If you think penny stocks - especially this one - moves because of news I strongly disagree with you. Market makers control the accumulation and distribution, and they do everything they can to keep you on the wrong side of the trade. Retail buys when they are selling. Maybe this bullboard has a role to play in this? Fear and greed... Bolta