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Ditto. Until it isn’t.
Tick tock!
one more day closer to nothing happening, or maybe someone will die, no, that one has already been used.
TIC TOK TIME IS MOVING ON
If there is going to be a big rush to buy, it will be after the money arrives. At this point everything is just small potatoes and I wouldn’t try to read into lower volume on this stock. It could be thirty cents on $20k selling.
The near term price is pretty irrelevant as long as they execute, at which point we head to multi dollars. On big volume.
But selling at $.50 sure would beat selling at three cents!
More investment in the area. I guess this Buc-ee’s chain is a big deal. They hold the world record in biggest convenience, store, biggest car wash, and other stuff.
It looks like this location will be about 15 minutes from the Diamondhead property.
https://buc-ees.com/about/world-record-holder/
https://www.wlox.com/2023/04/10/harrison-county-presents-mid-year-update-economic-development/?outputType=amp
another big day with people rushing in to buy
Old news no movement yet
New project in Mississippi
Iinitial approval from the D'Iberville City Council on Tuesday, signaling a path forward for the project. https://www.clarionledger.com/story/money/2022/06/23/sports-illustrated-resort-mississippi-gulf-coast/7701586001/
Where is the stock on Miss Gaming?
That entity has the casino gaming approvals.
Not that complicated really
My Point exactly. Why do it this way? I would have to see a 10k on that.
Same thing. Miss Gaming is 100% owned by DHCC
All M.M. now.
What's this Miss Gaming Corp stock. What not the public traded DHCC?
I don't follow what you mean. Stock is near 52 weeks highs
a week has gone by and still no one believes it
BIG week..
1) On or before April 15, 2023, the Purchaser will purchase five percent of the total Common Stock of Mississippi Gaming Corporation for $3,000,000. Upon receipt of payment, Mississippi Gaming Corporation shall issue 2.25 million shares of Common Stock, or five percent of the total authorized Common Stock of Mississippi Gaming Corporation, to the Purchaser.
Well the way I see it is that they are getting a percentage of future profits from the casino or other developments on the property, and also riding the rise of common shares.
Which should eventually be much higher than their buy in price of $1.
Hey dude, I don't know what you normally invest in, but .32 is pennies
I think it's interesting that the buyer is seeking shares of both Mississippi Gaming Corporation, the company that holds the site approval for a casino, and the parent company DHCC. Yet, they are NOT getting an option to purchase any land on the gaming-approved site. Unless that's plan B for later, once they get their foot in the door? Either way, this is great news for DHCC.
So the average closing price for the last 6 months was .325, how the hell do you buy for pennies genius?
Really? He should have buying on insider information and after he signed an NDA???
And the stock wasn't at pennies in the last 6 months. It was trading .30 to .50. Any volume at all would pushed this way over $1
If he was that smart he would have been buying shares for pennies for the last 6 months before he would be buying them for a dollar. Of course you just called him wealthy, not smart.
Long live the Queen!
WHERE?PRINT IT.
He might be just trying to be funny, but does he really think that a wealthy investor that has done extensive diligence on this opportunity doesn't expect profits in the future ..SMH
I assume that investemp is the un wealthy person, or am I assuming too much.
Once again you clarify the difference between how a wealthy person thinks vs how a short sighted un wealthy person thinks.
Opportunity to learn here young Jedi.
Did you say dilute earnings? that's funny? Earnings, when did this company ever have earnings ?
The discount was when I bought your shares for 5 cents.
As far as people lining up to buy the stock now, I have not recommended anybody buy the stock until we get the money. But it seems like a good bet, regardless. This price will definitely be a discount if and when the first payment arrives.
It’s ten percent btw. 4 million shares of common dhcc stock is all that’s being issued from the treasury.
They’re also being issued shares of the subsidiary but that is not common shares. The subsidiary will give them a percentage of future earnings.
Can't believe how they are lined up to buy this stock at a discount from what the un named party is willing to pay
:)
Yup that’s the big if right now. And that’s why we aren’t over a buck yet….
We will see 20 percent going to pay debt IF THEY GET IT.
LOL! Almost all equity raises for penny stocks are at steep discounts to current share price.
This deal was around 4x the share price when announced on Monday.
Simply unheard of even for big board stocks.
Anything under $1.25 is a complete steal as that is around the price this informed investor is paying. No doubt for an investment like this he will be looking for 3x to 5x his money at a minimum.
Everyone can do that math.
$DHCC
Do you understand just how well this company has been run, as far as potential dilution is concerned?
Minimal dilution over the past twenty years. And she pays the debt off with 10% dilution? Peanuts.
Most CEOs down here in the nether worlds of the penny stock market would have this at half billion shares plus.
And the stock price would be two cents or lower.
I am not sure about that actually, but worst case 10 million shares, its irrelevant to where this is going.
Remember if anything comes of this you will have dilution of the stock outstanding shares.
in the 8-K it says "to obtain a master plan for the Diamondhead Property ".
What does the sub Miss Commission or whatever it is have to do with this.Its just a sub of Diamonhead. Why have to buy shares of that to 6 million of Miss, 4 million of Diamondhead.
Totally agree. The 8K refers to a master plan, can't wait for that to come out.
Ground floor here..
$DHCC
Yep, looks like a well thought out first step in an overall plan by someone. Good to be her for the ride.
Also… they wouldn’t necessarily have two seats on the BOD, as in eyes and ears on their money. Plus shares in the subsidiary which probably means future profits.
Plus 22 acres for cheap.
Plus a bunch of other reasons but I’m not trying to school haters.
Their average price would be a lot higher than $1 per share if they bought millions of shares in the open market. By the time they have to pay their second tranche they will be far in the money by then on all future tranches.
Riddle me this. Why is he rich enough to put $10 million into this company while you are sitting here wondering why he does what he does?
Riddle me this. An unnamed party wants to buy millions of shares over the next few weeks, months at $1. But they haven't wanted to buy any shares at .30 over the last 6 months?
What's wrong with this ??????????
Great day......this is going to be a great place to be this year!
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