BOOM!

I smell a Merger-Acquisition...someone buying today..imho

84000000$ volume and still manipulated... crazy

FYI BLOC (TMX) Shakedown over

0.0725 !!! 12 bagger here imo

ANFC train is leaving the station
22% of a 10$ Nasdaq investment vehicule that IPO'ed up to 138 000 000 to invest in a project.
What is that private company that they are buying?

"On October 18, 2017, Black Ridge Oil & Gas, Inc. (the “Company”) issued a press release in which it announced that Black Ridge Acquisition Corporation, a special purpose acquisition corporation (NASDAQ:BRACU) (“BRAC”) sponsored by the Company, has completed a sale of units pursuant to the full exercise of the underwriters’ over-allotment option granted in connection with BRAC’s initial public offering (IPO). The Company used a portion of the proceeds of its rights offering completed on September 26, 2017 to purchase 45,000 units at $10 per unit to fulfill its sponsorship commitment with respect to the over-allotment, bringing the total units purchased by the Company in connection with BRAC’s IPO and exercise of the over-allotment to 445,000 units at $10.00 per unit. The Company previously purchased 3,450,000 shares of BRAC’s common stock for $25,000. The underwriters’ full exercise of the over-allotment option ensured that the 450,000 shares previously purchased but subject to forfeiture would not be forfeited by the Company.

With the full exercise of the underwriters’ over-allotment option, BRAC sold a total 13,800,000 units at $10.00 per unit generating gross proceeds of $138,000,000 in connection with its IPO. The units are listed on the NASDAQ Capital Market (“NASDAQ”) and trade under the symbol “BRACU.” Each unit consists of one share of BRAC’s common stock, one warrant to purchase one share of BRAC’s common stock at a price of $11.50 per share, and one right to receive one-tenth of one share of BRAC’s common stock only upon the consummation of an initial business combination by BRAC. Once the securities comprising the units begin separate trading, the common stock, warrants and rights are expected to be listed on NASDAQ under the symbols “BRAC,” “BRACW,” and “BRACR,” respectively."

The Company, Chambers Energy Capital II, LP and CEC II TE, LLC (together with Chambers Energy Capital II, LP the “Chambers Affiliates”) as the members of Black Ridge Holding Company, LLC (“BRHC”) agreed to dissolve and wind up BRHC and filed a Certificate of Cancellation under the Delaware Limited Liability Company Act as of October 3, 2017. On October 2, 2017, the Company entered into an agreement with the Chambers Affiliates whereby certain assets distributed to the Company upon the dissolution and winding up of BRHC on October 1, 2017 were sold to the Assignees in exchange for cash consideration of $1,078,394. Additionally, cash and receivables totaling $4,645 in value were distributed directly to the Company from BRHC
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BRAC IPO
As discussed in Note 4, On October 10, 2017, the Company’s sponsored special purpose acquisition company, Black Ridge Acquisition Corp. (“BRAC”), completed an IPO raising $138,000,000 of gross proceeds (including proceeds from the exercise of an over-allotment option by the underwriters on October 18, 2017). BRAC is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. BRAC’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region although it intends to focus its search for target businesses in the energy or energy-related industries with an emphasis on opportunities in the upstream oil and gas industry in North America. BRAC was a wholly owned subsidiary of the Company prior to the IPO. Following the IPO and over-allotment option exercise, the Company owns 22% of the outstanding common stock of BRAC and manages BRAC’s operations via a management services agreement.

Still strong, no selloff to get in...