Post by
schocor on Jan 19, 2023 6:25pm
MOU's and Investing - Contract or Smokescreen
Cursary glance at the PR's of this compnay point to an MOU to lease some land; there is probably more to the cmpany than this, but my initial look the MOU PR stuck out.
What is an MOU? Well memorandum of underding obviously, but what does that actually mean for investors? What are the implicaiton for either side to back out of an MOU? IN my experience these are rarely implication; an MOU is NOT a contract. So what it then?
Not saying anythign abuot CH, but ALOT of "early stage venture" comapnies like to put out PR's about their new MOU's. In general there are no fiscal implications to these agreements; JUST a press release.
Lets see if there is more to the story here in-so-far as MOU's at CH are concerned.
Comment by
Patrick2Linton on Jan 19, 2023 6:45pm
It should also be noted that the company still has an open PP at .12 of which they disclosed they could close a third tranche. Last tranche raised $116k. Not the easiest of markets to raise capital so hopefully company can close this next tranche for more. Gracias. Tik tok. Grinnnn and Spin. Cheers mate.
Comment by
schocor on Jan 19, 2023 6:49pm
Huh? Curious that this trading at $.155 if yuo can feasibly buy the shares at $.12 via Private placement. My calculator awaits!!
Comment by
Patrick2Linton on Jan 19, 2023 6:56pm
"The company may close a third and final tranche on or before Jan. 20, 2023. All securities issued pursuant to the offering are subject to a statutory four-month hold period in Canada following the closing date."
Comment by
Patrick2Linton on Jan 19, 2023 7:15pm
Pumpers brought in to aid in the gypsy swap. Its so obvious with certain pumpers when they show up. Gracias. Tik tok. Grinnn. Stock gypsies. Cheers mate.
Comment by
Goldy63 on Jan 19, 2023 9:12pm
May is a long way away lmao and hey these guys are go getters and adding companies and revs . Do better spew boy and your bum buddy Linton the liar lol. Gezz thats all trash you can come up with crumblord ? I.,m pleased . Bay will make you look bad over time as well . Get a life troll as you own ZIP Here grin .