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I'm okay with the float increasing some. We should get more clarity on this when the form 10 drops.
I suspect we will get an update soon, hopefully this week. It seems like companies often miss these filing timelines.
Agreed. In addition, they can only be converted upon approval by a majority of the holders of Series A.
Uplist to the OTCQB, I believe.
Agreed.
Agreed. It also shows management's confidence in the company. They are focused on the long-term growth.
They aren't using The Cervelle Group anymore. They have been working to clean-up the company since the reverse merger. We will learn a lot with the uplist.
I agree. Those contracts are likely awaiting the final EPA approval which is likely only a month away.
I suspect most will be retired or returned to the company. They appear to be relics from the change of control from the reverse merger.
Thanks for all of the post this past weekend. It is great to see a thoughtful discussion. My understanding is that a vast majority of the Series A shares issued are relics from control of the reverse merger prior to the creation of the Series B. I suspect most held by Frack will be retired.
Unlike BBRW and SIML, BNOW hasn't sold into its press releases and is looking to file a Form 10 an uplist. Justin Gonzalez and Eric Watson appear to be new to public companies and did inherit some baggage with the reverse merger but appear focused on growth and maintaining a reasonable share structure. Quite honestly, we could use a bit more shares in the float. Hopefully any additional shares are to fund production for the current contract and imminent contracts. April is shaping up to be a big month for BNOW.
With an uplist and several contracts pending, I can see this at $5 in the summer along as tbe share structure is somewhat similar.
Agreed. Over the next few months we very well may be trading at several dollars.
Also, hopefully an update on the $43,000,000 deal with Palladium.
On May 11, 2020 the Company entered in to a binding purchase agreement with Palladium Investments SA, a Swiss subsidiary of ILDA INVESTMENTS SA, for the sale of the first of six GRONE plants for the recycling of solid waste management for $43.000.000.
https://hmnuinc.com/elements/pages/human-unitec-international-inc-announces-substantial-development-of-grone-contract-and-projects-activity/
I think we will get updates on the GRONE project. Below is from the annual report.
On June 11, 2020, the Company has signed a Binding Purchase Agreement with Palladium Investments SA, of
Lugano, Switzerland to build the first GRONE plant in Saudi Arabia. The Company and Palladium Investments SA
have agreed the first GRONE will be completed and delivered to Palladium for commercial production on or before
January 1, 2021.
On June 28, 2020, the Company completed the development and are now finalizing the purchase agreement for the
deployment of several small GRONE plants. These GRONE plants are utilized for the recycling and management of
solid waste, plastic, used tires and exhausted oils.
A prototype of a 10-ton capacity for tires recycling plant has been constructed and is in operation in the Milano area
of Italy. This plant is under the direct supervision of Human Unitec International, Inc.’s GRONE technicians. The
investment cost of this plant is budgeted at approximately $2,000,000 USD and the plant shall generate an average
annual net income of approximately $1,800,000 USD.
$HMNU back to pink current.
Agreed.
This is a very interesting company. I've been slowly adding for theast few weeks.
HMNU's big project revolve around the Grone technology, which is an exciting area.
They are in tbe right sector. If HMNU starts updating shareholders this stock can move in a big way.
Great news!
Where do you see this? Thanks!
Picked up a bit more today.
Agreed. Really interesting company.
Really intersting company. I started a position today.
I think the penny market got surprised by the COUV news and then the broader market sold off. I think we retest .50 tomorrow.
What time of day have they been tweeting their updates?
Agreed.
You're welcome.
Just a t-trade. SIRC doesn't trade afterhours.
Nice to see $SIRC looking to go national.
My understanding is that they are going for the QB.
That's correct. Luke handles their IR now. That person posting has been making stuff up for a few months.
Agreed. Hopefully an update is imminent.
Looks like someone wanted out the some atypical MMs were on the bid ready to buy. We may get a very nice candle today.
I think many of us have. Hopefully there is an update soon. This is still a fairly clean shell.
Great day so far.
Looking for $SIRC to retake .25 today.
Nice new website and investor presentation on it.
Agree. The acquisitions create synergies and cost efficiencies with scale.