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Anyone else concerned about how we're paying prolog for shares? Or do you think the paying off debt and reverse split were there terms
Dang save some for me
Anyone getting filled today?
I got my orders in as per your instructions.
Hoping the ATM will turn back on but it hasn't for a few weeks.
Gonna need some tax sellers to give me their shares.
Want me some more 0002s
No tax sellers this year??
Strategically waited to transfer them at the lowest market value possible... to leave contribution room.
Jk I just suck at investing I guess.
But I thi m once this merger goes through we will be able to recoup or even make some money...
Tripling position and transferred all shares to my TFSA.
Waiting for blastoff and CRA/IRA investigation into my brilliant moves.
That's the story so far.
I'd say if this merger doesn't go through then the company is all but sunk.
I don't think Chan has any doubts. He would be preemptively diluting to pay off debt he may not have had to deal with yet and could have used funds to further other areas of the business.
Probably around when the shares were purchased they got a more official confirmation and began basically abandoning any type of sales and marketing development to pursue the merger terms and requirements.
I'm betting it's announced in the new year for simpler tax reasons after the reverse split.
So I'm going to add more here as a final shot and if it doesn't pan out I'll be outta here finally. Because without this merger we're done for.
If cu track and cea and medallion etc. And nimbo were worth anything they would have produced something but the numbers say otherwise.
350 million shares with 8 million revenues and prolog as an asset puts us at 2 cents a share equivalent value and with any positive followup it could be much more. So I'll average down to 2 cents post split and hold on to what I've got and pray with Sgt for a miracle.
If merger goes through all will be forgotten and everyone will be singing praise.
Stocks are all bad until they're good and then they're bad again.
Wait MSU... should I double my position and average down or not. My childrens education fund is on the line. Please advise.
Website is being continuously worked on... thank God. Looked hideous before.
I think I'll double my share count... cuts my average in half.. for a tenth of the price. If I'm gonna go down I might as well go down hard.
I think the prolog merger is a done deal.. they've got 8m revenue posted which will be fully recognized.
Puts our market cap at 10x below true valuation so post split we should be able to atleast recoup our investment through fundamentals alone...
I'd imagine if we sit here long enough though we could see some real money...
Still speculative and almost too good to be true considering all that's gone on here the past 3 years... but prolog seems to have a real business and if the partnership with igen can help prolog grow which they must believe it can then there's still a chance...
I hope hee still does form7s. Lol
Let's avoid theology about right and wrong. It isn't for us to decide. In order for one thing to be right everything else has to be wrong. It's a bit more complicated than you allow for in your specific instances and it's a common argument from agnostic and atheists.
If you'll observe the greater good in nature and thr universe you'll notice that there are necessary and needed sacrifices and destruction that occurs in all things. Often to be replaced or utilized to create something more sophisticated and solid..
Just my opinion.
I personally never grow mentally or physically from sitting on my butt being content and getting fat.
Gentlemen it's Christmas time. Let's all just relax and see what transpires. We have been here this long there's no reason to fight now lol.
The splits coming and so is the merger and 2024 will b our year.
Right?.. lol
I'd say 50/50 if you're a yes no person.
To get serious about it? I'd wager my whole investment clearly. I think prolog has nothing to lose by receiving a bunch of shares. In return all we really get is recognition of revenue which helps share price which I think is what Chan wants in order to make any money here.
Prolog gets all the access to the US govt. Supply chain and the patent whatever that's worth.
So... I think it's pretty good chance we see the merger. Whether or not it translates into more revenue for prolog and igen is yet to be seen.
Aha let's dream together.
Did you add your 100 million at 0002
I think the 1s are gonezo .
Bit of a snoozer around here.
December/january
I think his advice is pretty sound. I don't understand the 2 orders at 0002 and 0001 . But buying seems to be a good option if you had the funds...
Wait why can't I be right?
I'm thinking they will keep the merger on the hush til after the split at which point the price goes zoom.
Might buy 10million.
Msu yes or no
I'd say this 10q either spells the end of igen as it appears that any attempts at sales have completely stopped... or chans got all his eggs in this merger basket.
Either way it's a long shot. But there's still a chance.
Looks pretty desolate. Hope there's a rabbit in the bag of tricks somewhere.
I think the news will break before it runs. Probably not until 2024...
I dunno but it does feel like there are some moves being made here that will give us some good results..
Data switch
Merger
Debt extinguished
Reverse split
Big moves coming?
I think we're bidding some Mexican security company aren't we?...
Quick Google search tells me that in house data is preferred for security measures.
Meaning government would probably prefer in house data to a cloud based service.
Yes so your post from 2018 was to show what? That we were a part of it and have now gone independent?
To be honest I have no idea the implications of going to an in house server versus AWS but Chan must deem it important...
2018 they joined Amazon web service.
2023 they have transitioned to in house servers.
I see how you might be confused.
Manti is all the debt gone? How much was the preferred A
Hey its only like 75million for the company at that price. Hah
Maybe they will announce igen has been purchased at a post split price of 25 cents per share and it's all over.
Come on Chan what's going on