Post by
Signman on Aug 06, 2024 10:36am
Reset back to square one
Since my reading of last nights NR from the Globe news feed regarding financing something seemed "off" to me. While I fully admit I could just not understand what is going on here fully. It read to me as : WE GEM will give you "financing" when YOU Cunningham have a token to put on our exchange. BUT WECunningham can't provide a token of value for your exchange without your funding first YOU token exchange GEM. Seemed like an "agreement" where one party expects the "thing" first. Now we have an extension for a month to work it out further. Would not have been the last month the time to do that or is my stated conundrum the issue? Seems like nothing for us sharholders has changed other than we now have another month to mull this over. And for me personally another month where I hope for a larger offer to swoop in and say screw this token exchange / crypto smelling non sensense (in their eyes) and take our hard money for this 20% chuck of wealth now! It does create interest in TC no matter what happens for the next month. And to be honest I now have an extra month to increase my TUD position which I did this this morning and will continue to do so while we wait another month for "something" to work out futher in the offices of AMK /Cunningham. And not to be too conspiratorial but it does lend more credence to the idea myabe there is soemthing more to this "deal" to delay an early takeout. Another exciting month ahead and good luck to us actual and long shareholders. Thoughts?
Comment by
bull_runz on Aug 06, 2024 11:20am
The deal is financed...period. What are retail investors waiting for?? The ink to dry?? Who cares what they want the 20% for? lol
Comment by
Stockmoves1 on Aug 06, 2024 11:54am
I think your thoughts are correct and it is a process that will happen but it will take time ... and shorts are using evry opportunity where it is not a clear cut deal ... All I know is TUD is extremely undervalued ...
Comment by
Signman on Aug 06, 2024 11:58am
Agreed SM bought 2200+ shares of TUD this morning. And will continue to do so as funds become available. I am actually thankful I have more time while this plays out.
Comment by
Signman on Aug 06, 2024 11:54am
Exactly Mustang.. How can Cunningham register a token backed by AMK assets when Cunningham cannot own said assets before GEM provides the funding to do so. And GEM will not provide funding without the token registered first.
Comment by
Larry60 on Aug 06, 2024 12:04pm
Youve seen the Cunninsham light!!!!! Its a CunninSkam, not a financing............. Its like gettin a loan that requires security....... The terms say we will let you drawdonw 30% of the value of the collateral/assets you have...........but you have NO assets...........so your drawdonw i $0.00!!!!!!!!!!!!!!!
Comment by
Larry60 on Aug 06, 2024 12:13pm
Mustang, you are WRONG!!! The worst case scenario is CUnninskam raises $0!!!!!! the best case scenario is they raise a little bit of money ..........everyt day..........for the next 36 months................AND THEY STILL DONT HAVE THE 43 CENTS TO BUY AMK..................... TELL THE CUNNINSKAMS I SAY HELLO!!!! ALL IMHO FORDY!!!
Comment by
Signman on Aug 06, 2024 12:25pm
Mustang. To be clear I don't disagree with that. I suspect that is why there is the extra month . They are trying to figure out who trusts most to make the first move. If they work that out .. great.. if a major intercedes ever better!
Comment by
bull_runz on Aug 06, 2024 12:43pm
By the time the ink drys, it will be too late for retail investors (the little guy) to benefit from the multiples being paid ;)
Comment by
Larry60 on Aug 06, 2024 12:15pm
SIGNAM, dont doubt yourself!!!! THis is a NONfinancing.............to match the NONdeal...............its a classic PINK SHEETS delinquent filer type of move!!!!!!!!!!!!!!!!!! And AMK BOD just went a long with the extension of the charade!!!!!!!!!!!!!!!!!!! Why???? Sill have shares to sell??????? ALL IMHO FOrdy!!!!!!!!!!!!!