What we are witnessing is a demonstration of precisely what has, in ones opinion, been “all too conveniently” allowed to occur to the Tranzeo Wireless Technologies Inc share price, since ones previously projected bottom price point of
.89/
.90 cents per share had been achieved and quite markedly breached.
Whew! Down from well above $1.60 cents per TZT share and plunging all the way down to
.66 cents CND, eh.
Approximately 36.3% (ouch; that stings, eh) drop from the last most recent projected bottom of
.89/
.90 cents; and there is currently absolutely no indication of whether the Aperto “stakeholder” or “stakeholders” are going to accept TZT shares in lieu of 400,000.00 Dollars ca$h owed and outstanding, as per the purchase agreement for Aperto.
Moreover, with the option to receive an additional issuance of 25% worth more of Tranzeo share equities (a.k.a. “The Sword of Damocles” like option, an option which Aperto stakeholder or stakeholders had been provided) hanging over the heads of any existing or “would be” Tranzeo Wireless Technologies Inc investors ...
Sufficed to state, one could perhaps envisage (sit at a comfortable seat and look away, eh) much more “short” associated price influences going forward.
Alas, some could believe that it would be outright embarrassing for Tranzeo Wireless Technologies Incorporated officers and directors to have in some way allowed for what, in ones opinion, amounts to a “distribution phase”; only to have been enormously disappointed in certain inferred abilities to entice any serious attention to this enterprise venture, lol.
Here’s the deal
- No secured credit facility
- No declared decision on the part of the Aperto “stakeholder” or “stakeholders”
- No clarity as to all the various “costs” associated with the starting up of collectively operated manufacturing facilities located within Indonesia
- No hint at the numbers associated with any inherent and increased costs resulting from efforts made by those comprising some supposedly expanding sales force
- No news of additional appreciable contracts secured within North America (most specifically throughout Canada), Latin America, Indo-Asia or Australasian or Asia proper jurisdictions, etc ...
One had sensed and does currently, more so, sense a “power play” of sorts being fabricated.
It wouldn’t be the first time.
Note: As previously emphasized, see all that had preceded the Bioscrypt Inc, BYT: TSX, purchase by L1 Identity Solutions Inc, ID: NYSE.
Yes; an American company (Aperto) first being purchased by Tranzeo Wireless Technologies Inc, a.k.a. a clearly Canadian based corporation and a corporation which itself may ultimately become temporarily controlled by an all too conveniently accommodated AmericanInvestor.
This would be an American Investor whose representatives would go about - in a concerted effort and at deeply discounted price points - purchasing “a requisite portion of control” over the business affairs of said Canadian based telecommunications equipment developer/manufacturer/supplier; doing so in part by way of an exclusively arranged for (see a Cannacord expectation) “bought deal offering.”
This would also be an American Investor whose representatives would then elect (as perhaps privately prearranged) to offer its taken up position of control to a perhaps awaiting, clearly Canadian based and internationally recognized suitor – a suitor whose representatives may be collecting every single share which you could be tossing (in outright disgust) to market.
What the hay; lets place the cherry on top, eh.
See the cherry on top of a would-be delightful dessert
Perhaps the assigned or designated representatives, i.e. those persons who would currently be “privately operating” on behalf of the immediately aforementioned potential and perhaps proposed Canadian based suitor, would be collectively expecting to exclusively provide institutional and/or retail market participants a preemptive chance to purchase, due perhaps to any perhaps pursued and concurrently resulting reverse takeover/ "going public" transaction, a profitable position of interest in the perhaps newly re-branded enterprise?
This is and I AM – CANADIAN,
The Sure Bet Too