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From their 8K, they have 3 choices below. To clarify from my previous posts. There is a huge possibility it’s the first.
Quest recommends the following.
A. First, a special purpose acquisition company(SPAC)
B. Second, a business development company persuant to section 55 et. seq. of the investment company act of 1940, as amended; and
C. Third, more generically, a series development stage companies that Puget can help evolve into public companies, where for a year or two, they would be Puget controlled subsidiaries(51% owned) acquired in exchange for Puget stock, but their owners would have the option after a set up time to exchange a major portion of the Puget stock they received to require 31% of the 51% of the subsidiary stock owned by Puget, with 10% of the remaining stock retained and sold off by Puget and remaining 10% spun out as a dividend to Puget stockholders. All shares to Puget stockholders would be registered under the Securities Act of 1933, as amended(the "Securities Act")
https://pugettechnologies.com/
I believe PAS* was a SPAC play and went over 0.15 cents.
Special purpose acquisition companies (SPACs) have become a preferred way for many experienced management teams and sponsors to take companies public. A SPAC raises capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company. Subsequently, an operating company can merge with (or be acquired by) the publicly traded SPAC and become a listed company in lieu of executing its own IPO.
Happy New Years to you too my friend!
Yes buddy, good to see you here.
People from all over the world playing OTC, big gains to be made. PUGE is a SPAC play.
Exactly, RDA* I was going to buy that saw no dip and missed out.
I was looking at the chart with tsn* and it broke that theory completely, chart to a certain extent means nothing on the OTC. When a stock is HOT it’s on fire, blue skies.
Yep, big run forming here! Imagine the potential once we hear the news :)
Huge slap at 0.0031 - VROOOM VROOOOM!
PUGE - 0.003s falling
The closer we get to the date higher it goes - BOOOM!
PUGE - thinned out bigly, going to pull a RDA* type move and more imo.
Yes thinking possible 8K.
I see a 0.003 break~
This is pretty Big - GROW UP.
Nice seeing you here Top Penny, you been hitting the big ones lately. NSAV $$$$$$$$$$
NSAV - Agreed. Bottom floor here.
Fantastic, looks like NSAV is turning things around.
This is where they want to take it, from 8K.
Redemption. After providing ten days prior written notice to the holders of the Class
B Convertible Preferred Stock, the Company shall have the right to redeem (unless
otherwise prevented by law) any outstanding shares of Class B Convertible Preferred
Stock at an amount equal to $0.10 per share of Class B Convertible Preferred Stock,
plus accrued but unpaid dividends thereon (the "Redemption Price"). The Company
shall consummate the redemption and pay the Redemption Price within twenty days of
the date of such notice. The Redemption Price shall be paid in immediately available
funds.
Yes sir, play is under the radar right now.
PUGE - Agreed. Debt free, SPAC play.
In couple weeks the party really starts
PUGE SPAC play, load for the ride up.
PUGE going to be a multi penny runner.
PUGE extremely strong for the upward movement.
Yes being conservative, not out of the question multi pennies run!
Very thin indeed, once they release the news - I would not be surprised it shoots to 0.006+ in a day.
Yep, in a few weeks this is going to run bigly imo.
I have the same sentiments as you!
we will find out in 3 weeks, I'm anticipating it will be in a hot sector.
Agreed - PUGE!
READ***from the 8K which is interesting and about to be revealed in 3 weeks imo.
Quest recommends the following.
A. First, a special purpose acquisition company(SPAC)
B. Second, a business development company persuant to section 55 et. seq. of the investment company act of 1940, as amended; and
C. Third, more generically, a series development stage companies that Puget can help evolve into public companies, where for a year or two, they would be Puget controlled subsidiaries(51% owned) acquired in exchange for Puget stock, but their owners would have the option after a set up time to exchange a major portion of the Puget stock they received to require 31% of the 51% of the subsidiary stock owned by Puget, with 10% of the remaining stock retained and sold off by Puget and remaining 10% spun out as a dividend to Puget stockholders. All shares to Puget stockholders would be registered under the Securities Act of 1933, as amended(the "Securities Act")
https://pugettechnologies.com/
You got it my friend! Should be interesting what the new company is, may be BIG.
OS is over 2 billion I believe, not sure what's in the float. Very decent.
I anticipate quite a big run here.
Wouldn't be surprised if these 0.0012s fall today!
Chart looks fantastic!
PUGE patience pays here, good time to be accumulating.