-Acquisition of gold mine is about to close, which will position Reign Corp as a major player Australias gold industry.
-CEO wants to obtain QB certification as soon as possible, which is not far off hand given how easily the price moves up.
-Float is likely less than 10 million. A good portion of the float is locked so it’s quite a bit smaller than what we see.
- CEO owns 50 million shares that he has never touched, even when the stock was trading at .40 cents. That would have made his own net worth around 22 million alone. If he passed up that opportunity it’s because he expects it to go quite a bit higher.
-As everyone has witnessed that the L2 is thin and the price moves up very fast. There are almost no shares left to purchase and people who are holding are reluctant to sell.
-At the present time, the number of short positions suggests a huge squeeze
could easily occur if we pass 2 million in volume.
-Reign Sapphires have been worn on the red carpet and the company has very high end marketing behind it. Clearly the CEO has an exceptional ability to build a brand and market it to high end clients.
- Gold is doing VERY well right now, and Reign is about to become a put them selves on the map as a major player in Australia. The market is barely capitalized yet so there is A LOT of room for growth.
-They were trading at .27 not long ago, and they fully intend to build themselves back to that level again.
-The probable gain for long term holders is literally over 3000% conservatively over the next year or so. As of January 8, 2020, Reign has completed its due diligence on the gold exploration license application it intends to acquire from Quad Equities Pty Ltd. ("Quad") and intends to commence drafting and signing of definitive agreements with Quad.
Corporate profile can be found here:
Brand information can be found here:
Social Media Links:
https://www.facebook.com/reignsapphires/ Current share structure:
Market Cap 555,976 02/18/2020
Authorized Shares 150,000,000 02/03/2020
Outstanding Shares 85,272,408 02/03/2020
Float 10,985,681 05/13/2019
Reign Resources Corporation New Twitter: https://twitter.com/ReignResources/with_replies
Stock Symbol: RGNP
150,000,000 - 03/02/2020
85,272,408 - 03/02/2020