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Just another reason Greg is out as CEO
That is confusing to me
The deal imo - worded as a "transaction" vs acquisition tells me theres more to the new "entity" language then a simple merger of entities into one
The mentioning of their REVS as important to the "transaction" terms could mean its relevance to equity in that new entity
Usual language I see is acquisition when buying a company or a % of a company
Good question for Wil Thursday
BULLISH either way as both options ADD to the company
JMO
What was the closing date on this?
You mentioned expecting to see added revs from it on the 10K or im not following
You say this closed, and in 2020?
Im waiting to see fruit from this is what I was referencing
That was the PR I saw initially that got me interested here
There will be more M&A this year
Theres a reason they were soo confident (too confident too early)
Putting the CEO out front this week was certainly set up a while ago - and shows confidence in the wake of these last 2 weeks to speak and not give that big spot to another company
Announcing that deal is further along or closing would be big
Q1 Was take out the trash time - 1606 debt spin off + drop $7M derivative liabilities + RS
Q2 Appears to be when GROWTH will start
Q3 Likely will be explosive growth
I got in here about 6 weeks too early but Im beginning to see the vision vs *lost it last week or so
Now is a great time to take a starter here
JMO
That retail Box Air location is BULLISH
Period
Add in CEO out front later in the week and more news likely coming
These guys do great things but their timing has been shitty
-
Im holding firm
Minimally a debt payoff PR
Tues Wed or Thurs
Not sure they are totally done as CFGN was there at close, but not enough left to mess with the T Trade news we saw yesterday
Too big to not be real important for us!
Certainly looks like that final partial tranche will come through in T Trades. Sure
OTCMARKETS - could be higher explains the drop more
33M-35M is not 10% but that is potentially from the $2M financing last month
Cant argue with that at all
Definitely expected a reversal of direction which we certainly got
If that huge BID comes back yea this is bottom
Would be surprised if it filled down here
Never know
Yea it flashed then got covered up then taken off
Just saw a 140K BID @ .69 - gone now taken off
No that was retail for sure.
Someone tried to stop us before we started
No way that order was debt selling after that T Trade yesterday. Lol
A 300K sell at 9:30 or so skews the numbers
Someone tried to stop the move out of the gate
Whoever paid over $1M for RXMD stock yesterday and arranged that deal aint sitting back and watching a piece of a final tranche do anything to the SP
That T trade says alot about movement behind the scenes and timing
Hes got barely anything left. Those BID dinks and dunks are nothing.
Will be done today on a Friday with next week ready to go with a PR
No more scared retail selling
People see the plan is coming together
In subsequent events, yes
You think they will name the party?
A solar company with actual REVS and cash in the bank certainly is....
With all this volume makes perfect sense after 400K just yesterday
Iliad likely had a partial tranche left to finish
Could be gone today with all this volume
What else could it be?
Agree, curious how Wil handles 4/22
That T trade was eye opening and couldnt be much else
RXMD Probably a portion of a partially filled tranche
Cant really be anything else
Maybe a small portion of a partially filled tranche is left
Nearly 500K volume in 5 minutes
No GAP today... beautiful
Yup
2 T Trades - the big one was 10,512,818 @ .102523
= $1,077,805 bought and paid by one entity or group
What likely happened is Iliad closed out a tranche with the smaller 440K T Trade and the remaining balance was bought out by an institution
NASDAQ UPLIST IS REALLY COMING
TRUE VALUATION IS REALLY COMING
The T Trade yesterday was a PR to RXMD lifers like us to load up - top it off - if not done so yet
The actual PR will be for everyone else
For sure, but if a person/entity involved in the S-1 is involved with this transaction he prob wont say anything