Mobio Technologies Inc V.MBO

Halted? The day after the news?

[Pandora]

Business change news yesterday -- halted today?

Does that suggest paperwork in wrong order or is something else going on?

[HobbyDigger2]

They are still on work for the deal. Trading stop is a sign of not finnished details about the deal. https://stockhouse.com/news/press-releases/2022/03/16/mobio-announces-it-has-signed-a-non-binding-letter-of-intent-to-purchase-100-of Hope we´ll see some higher driven price... good luck HD

[HobbyDigger2]

This will be the point of view how many shares FD are left for Stockholders.  """The valuation of TMI was performed by a third party independent valuator. The shareholders of TMI and Elite will be issued shares in Mobio at the market value at closing of the transaction based upon the valuations above. The exact number of shares to be issued by Mobio will be determined and will

[Pandora]

Yeah, I have virtually no shares left because of multi consolidations, so it doesn't mean a lot one way or another. I sure wouldn't consider buying more with this group. Too bad they didn't roll Plank back into the fold - that's another dud and victim of another consolidation. Presumably if they issue enough shares to finalize these arrangements they might look at doing another

[HobbyDigger2]

fully agreed, so far visible the Assets fo TMI equals to the Liabilities with a NET LOSS in 2021. And Elite with a NET PROFIT of just  $424K. For us$ 6mil in shares looks like over 100mil of shares beeing in the game. Sorrily I couldn sell shares before as MBO price was down all the years. I don´t expect much advantage from this. Wait & see ...

[Pandora]

Would you believe Plank just came out with news tonight on how they are going to spend (invest?) some cash.

[MS12345]

Geez....Talk about snail's pace. What's the point of announcing news only to have this stock halted? Someone called it right....these guys are dinasours.