Post by
ScarletSpider on Oct 25, 2023 9:19am
Hmmmm...i wonder if there is a private placement
Coming at .15 and it is based on a weighted average. I have seen stocks form a base of sorts and people not understanding why the equity isnt moving up when they feel it should or if it has but there are bids piled lower constantly at a certain price. It may be possible this is going on and after a bit a press will be issued. Pps i have heard people say on the boards can happen prior to the press and it makes sense because they can take some time to close but in this one the last at .21 was very disappointing. I am heavily in favor of a raise no less than .15 no doubt higher would be better but this company hasnt given anything for the raise to be successful to complete and close. It may be possible that a minor news release may be coming and a raise along with it at .15. Minor is anything like some milestone payment received, a share for debt settlement etc anything not quite striking at the retooling being successfully done although from my vantage point those are huge in the sense that the company does need money to sustain operations and keep the lights on but minor in that without the retooling there will always be ongoing concerns of whatever money is on hand how long can it last for as long as the retooling is continually worked on. But this looks to be a base forming potential .15 pp. My best guess as it may not be and just simply a base forming and maybe as LA saying news coming and who knows if on the news the price keeps climbing heavy trade a higher pp price on the better side. Regardless, if there is no news or updates relatively soon it will not bode well for what is being formed here unless there is in fact an agreed upon pp price of .15 which i am thinking is the case with lots of shares being bid at .15 it otherwise doesnt make sense for the price to have gone to .145 and a low of .14 for the bleeding to have stopped. Like i said best guess .15 pp happening and will most likely be announced at some ppint with some sort of "minor" relatively speaking news. There will have to be some sort of news because if a .15 pp is happening without news retailers will not likely be interested in paying more when there are no assurances to hang their hats on and people taking part wont be happy leaving whether the pp will close in question again. Lets see what is going on here although i think this will end on a .15 pp disclosure. Having said this i am somewhat relieved at least for now the bleeding looks to have stopped. I will be more rest assured when we start to see that there will be an infusion of money through successful raises moving forward, milestone payments, the darn November debt delayed or fully settled shares for debt and no doubt the big one the heat is back on and lets get this darn thing done all of which are essential to where all this needs to inevitably go commercial contracts. This has been quite a tedious journey for the company and long time shareholders no doubt one that could have been made a hell of a lot easier but has not been but whatever it is what it is and my focus and vision is on despite all that this company will continue on and succeed against all odds and challenges. Right now i am grateful to see the bid piling no less than .15...i will take that for now until more traction and building news starts to flow my so called again relatively speaking minor news that is until the bigger ones retooling successful heat on oil flowing better than expected pilot finished successfully companies coming for business these are the only things worthy of mine and those who share this our vision. No point in seeing or getting hung up on anything else. But i will not say for people not to responsibly manage and handle their position again this has still with it very high risks but also potentially high rewards. As far as i said i hold firm at no less than $2/share on my full position of 9000.
Comment by
ScarletSpider on Oct 25, 2023 9:36am
Correction last pp was .23 not .21.