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My favorite part of this fluff news.
“A portion of the use of proceeds will enable, subject to certain terms and conditions, POWGEX Energy to buy 15% of BioPower Common Stock or 7,500,000 shares at $6.67 per share”
In other words..
Give me $450 million and I will use $50 to buy your stock at inflated prices.
Reminds me Sino Forest and Enron. Lol.
BTW who is Signet Capital? They are a nobody firm. Not confident they will get $450 million PRIVATE PLACEMENT.
Doesn’t that mean huge dilution for BOPO?
Just curious.
Not buying.
Ridiculous market cap of $2.4 million.
They merged with a company having $90 million revenues.
They have another acquisition soon to be announced.
I still believe $5 by summer.
Extremely undervalued super low float play.
JMO.
Nothing substantial here.
Throwing out that ASU news is just ridiculous.
I guess the pump machine is on high.
I stay away from any of Frank’s plays.
Always good for a pump but never bag hold.
Just look at TPT*.
Lol. Billion dollar deals and stock is basically in trips?
Hello my very quiet friend.
Hahahahahaha.
Getting close to sub penny.
I will have a huge toast to this most exciting event.
Bob is a POS scammer.
Just waiting for the next RS announcement,
Maybe they will just delist this crap company first.
Lol.
MJWL really pathetic story here.
Company is a complete scam. Obviously.
David Chong should be in jail. IMO.
Company will never ever get that CE removed.
Now has over 18 BILLION WORTHLESS shares outstanding.
Stock price back to trips.
What a shame that people fell for this obvious scam.
I tried to warn people but was banned from that board.
Some people who pumped this crap should be ASHAMED.
Have a good day.
The news is so misleading.
Especially that $6.67 per share.
This number is based on current market cap of $13 million.
However, BOPO will need significant dilution to get the financing to finalized this deal.
Have you seen what BOPO must finance in the next 90 days???????
Almost 1/2 BILLION dollars.
Sorry but this is really unrealistic.
Especially for projects in Africa IMO.
Just no sellers here. Absolutely amazing. What a gem.
Once this becomes pink current again then it moves back to $1.50.
Extremely low float with huge potential.
A true OTC diamond in the rough.
JMO.
Patiently waiting for updates.
Actually smart investors don’t understand how BOPO will come up with the funds.
This deal just doesn’t make any sense to me.
I believe the market also agrees with me.
Don’t get fooled from yesterdays close. Someone painted the tape.
Definitely need clarification on how they will get financing.
I am thinking conversion debt and huge dilution.
Time will tell.
Canopy people involved here.
Some volume and activity today.
Why?
One day event or a start of a run?
Watching closely and might buy some if the interest is sustained.
Still holding up well.
Huge potential here IMO.
Extremely low float. Merger with $90 million revenue company.
Looking for more acquisitions.
Stock was $0.20 last month.
I think next move begins very soon.
JMO.
Hahahaha. Back to a single penny.
Soon this crap scam of a company will be trading below a penny.
I expect this to trade in trips by EOY.
I am certain another RS will occur.
Pure OTC scam company IMO.
For me that news release is very deceiving.
Maybe I am reading it wrong but I don’t think so.
I have been following BOPO for years and was going to buy some Friday but wanted to do some more DD on this deal.
POWGEX won’t buy $50 million of BOPO at $6.67 (which would indicate absolutely no dilution when this agreement is fulfilled) because BOPO will need to first raise $450 million to satisfy the agreement. That would cause huge dilution and therefore make that $6.67 a ridiculous estimate.
JMO.
Has ANYONE actually read the CONTRACT????
First BOPO must raise $6 million in 30 days, THEN,
BOPO HAS to raise the $450 million in 90 days to execute this deal.
BOPO will arrange for an initial bond issue of at least Two Billion Two Hundred and Twenty Five Million Dollars USD ($2.25bn)
I just don’t get how they will obtain this type of financing and loans.
Read below.
https://contracts.justia.com/companies/biopower-operations-corp-8206/contract/1238930/
HYFI will arrange for an investment in POWGEX of not less than Six Million Dollars USD ($6,000,000) before fees and costs in the form of a note, loan or bond within 30 business days of this Agreement’s execution date according to a mutually agreed Term Sheet and Closing Date.
When the funds in 3.1.2 are received by POWGEX it will make a one Million Dollar USD ($1,000,000) loan to HYFI, repayable from the funds being raised and described in 3.1.4.
3.1.4. HYFI will arrange for an investment in POWGEX of not less than Four Hundred and Fifty Million Dollars USD ($450,000,000) before fees and costs in the form of a note, loan or bond within 90 business days of this contracts execution date according to a mutually agreed Term Sheet and Closing Date.
HYFI will arrange for investment in the JOINT VENTURE’S PROJECTS in the form of Bond Issues, working with such Financial Advisers, Broker Dealers, Banks and other as it deems necessary for success, on the following terms:
4.5.1. HYFI will arrange for an initial bond issue of at least Two Billion Two Hundred and Twenty Five Million Dollars USD ($2.25bn); and
4.5.2. HYFI will arrange for subsequent bond issues to meet the capital investment requirements of the JOINT VENTURE, which the PARTIES believe will total up to Five Hundred Billion Dollars ($500,000,000,000 USD) to provide up to 200 Gigawatts of electrical power.
Looks to be an amazing under the radar AI play.
They have 3 contracts ready to be signed.
If (when) AI stocks get hit again then this will easily run to $20-$30.
JMO.
Company actively working on updating docs to get back to pink current.
Nice buying at EOD.
Stock holding up tremendously well above $1.
I remember this stock a few weeks ago at $0.18.
Amazing actually.
I think there is a lot building here.
This could be epic. A true OTC dream stock.
Still hoping for $5 by end of summer especially after some great news releases.
Let’s go.
JMO.
I shouldn’t have associated this with VENG.
VENG huge drop the past 2 days.
There is no association between these companies.
ADHI should recover today and move back to $1.50.
Huge potential for this low float gem.
Patiently waiting for updates.
JMO.
Freight Technologies, Inc. Preliminary Q1 2023 Revenue 11% below Q1 2022
NOT AGAIN!
Hahahahahaha.lol.
Read my note from March.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171377678
This CEO is the absolute worst. He is clueless.
I have never seen a company miss so many guidance and estimates.
I would never ever buy this stock.
JMO.
Still holding up really well.
Just hoping it can hold $1.
Ouch, what a dump.
That’s the risk with Chinese scam OTCs.
I was hoping for another longer run past $1.
On to the next I guess.
Excellent after hours trading yesterday.
Continuing this morning.
I think earnings will blow this stock way up.
People definitely excited.
Should move to $0.25 this week.
JMO.
Good luck trading.
2 days in a row with relatively huge volume.
I really like this low float play.
Insiders own almost 85% shares.
Something up here.
Stock traded over $10 last August and share structure same.
This could be something special.
JMO.
Hit $1.60 yesterday. People are slowly accumulating.
I think this will run like VENG.
This is the best low float OTC play out there IMO.
Huge acquisition with $90 million revenues.
Another acquisition in the near future.
I have always said this will be at least $5 by summer.
Maybe that will be an extremely low estimate.
ENZC is smoking. YES!!!!!!!!!!
Why so quiet now? Eh?
This was due for a major pump.
OTC stocks (without CEs) are showing some life again.
I think this summer will be hot for good OTC plays.
Let’s go.
Let’s get to $0.30 today.
Looking for continued volume.
Something is up here.
Just waiting patiently to find out what.
It’s holding $1.40’s which is amazing considering it was $0.30’s last week.
People finally waking up to an amazing low float play.
This could wild crazy if they announce another acquisition.
I am talking about $5, $10, or higher crazy.
Don’t forget their latest acquire has $90 million revenues.
JMO.
Can SKFG play out like ADHI?
I think low float OTC stocks might just be in play.
I believe this has a Hong Kong association.
Those stocks have been really hot lately.
I am in for a few.
Hello…. What’s up here?
Like the volume.
Like the low float.
What’s the play though?
How many shares outstanding?
How many Preffered shares on top of that?
Seems hefty for early stage Li play.
I guess you never know.
Chart looks tempting though.
Close at $0.025.
Ain’t looking good here.
I blame Bob and his horrible management.
WHAT A WEEK!
Closed at $1.55.
Opened Monday at $0.3299.
OMG.
Absolutely crazy.
Congrats on those who bought cheap.
How far can this go?
Low float with $90 million revenues.
Hmmmmm?????
Looking really good here, Eh?
Haven’t checked in awhile.
Excellent recent news here.
Stock is moving a lot higher IMO.
It was only a matter of time.
Definitely looking for breakout past $1.50.
I wouldn’t be surprised with a close over $2
Super low float.
I believe they are working on a huge acquisition.
JMO.
If VENG could have a MC $100 million then why not ADHi?
Even at $20 million MC would take ADHI to $5.
I don’t think VENG has acquired a company with $90 million in revenues.
Plus ADHI looking for more acquisitions. They strengthened management.
Float less than 2 million shares. Likely most owned by insiders.
This could easily run to $5 to $10 by summer.
Slowly being accumulated. Not many sellers.
Hello people?!
Lol.
Stock would be over $1.50 if it weren’t for a weak market and FED/Powell’s ineptitude.
You’ve got uncontrolled inflation on top of a banking crisis right now. Not a good combination.
Many people are expecting 100 basis point drop by end of the year.
In any other market this low float gem would be flying high.
Just unlucky I guess.
Who got suckered and chased this above $0.03?
Don’t people realize Bob will dilute this down to sub penny?
When’s that next RS Bob?
Lol
Amazing day yesterday with stock hitting $1.50.
Strong bids. Not much on sale side.
Unreal how cheap this was at $0.20 and still at $1.20.
Very low float with huge potential.
$90 million revenue acquisition. Another acquisition on its way.
I really think at least $5 by summer.
JMO.
You never know with low float REAL OTC plays.
Not many sellers.
I think we hit $1.50 today.
Might even go to $2.
That acquisition must be huge!
What a low float play.
Amazing!
OMG this is crazy.
Will we hit $1.50 today?
$2.00?
Still really cheap.
Could be a huge low float runner.
Let’s go!
Wow. More amazing news.
Must be another huge acquisition.
I think they want this to at least $5.
Could be a great summer.
I absolutely agree.
Super low float under 2 million shares.
I am looking to buy another 15,000 shares. Will pay up to $1.
Stock super cheap IMO.
Looking for $5 by summer.