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To throw out a curve ball. He can't tell anyone who the company is. So he hints at it. That creates obscurity and confusion then misunderstanding. Just day trade it until the PR drops. IMO.
Good point. That's the flip mentality.
In 'n Out.
Thank you, Prophet. That's welcome news
Since GM is making a 2nd trip next week, we won't know until the following week the outcome.
Everyone needs to calm down and stop all the speculation. It's a wait game now.
Just buy & hold and be happy OR exit and trade elsewhere until the news happens and come back, imo.
It's a confusing tweet.
Why does he need to go back for another trip?
A lithium extraction technology company
vs.
A lithium extraction company
If it's LILAC go to Oakland and hammer out a contract.
If it's CTR (you've seen it already) get a contract signed and delivered.
No need to wait.
There's only three:
CalEnergy, CTResources, EnergySource.
Take ur pick.
I agree!!! It's CTR.
Do you think that will be today?
According to GM, it's a company that extracts Lithium. So that eliminates LILAC and confirms CTR or some other company. LILAC creates the extraction technology and CTR extracts the Lithium. Do you agree?
Why are we having this discussion?
The search was for a direct lithium extraction company not a power company using LILAC tech.
I think CUBV should RM with LILAC and get it done. The company can license any & all mining companies for DLE. That's it.
There is a lot of negativity on Twitter about GM's post. So you may be right about that. It'll pass though when GM drops a PR & 8-K.
LILAC tech is being used by more than just CTR.
Try: https://lakeresources.com.au/about-us/technology/
That at least makes two.
I totally agree!
We were asked a question. Which company would you rather have on the RM?
I think LILAC is the best choice.
If everybody stopped complaining and just were direct about one or the other GM would choose the company with most yeahs.
The PR & 8-K would drop on Monday next.
I totally agree!
Either company will send pps soaring. So your hope is true.
Then why are you here?
Found this on Twitter:
This is progress. Consider this a question at a shareholder's meeting. There are many Lithium producers but only one LILAC which can license all the producers who choose this technology. The revenue accrued is renewable each year. So there's a limit to that.
— Eternal Flame (@OmegaSalesCo) September 2, 2021
This is progress. Consider this a question at a shareholder's meeting. There are many Lithium producers but only one LILAC which can license all the producers who choose this technology. The revenue accrued is renewable each year. So there's a limit to that.
— Eternal Flame (@OmegaSalesCo) September 2, 2021
$CUBV
This twitter post is reassuring!
$CUBV for those of you who question the validity of this company. I spoke with the CEO George for 20 minutes on the phone today. He is a very honest and upfront guy. He is a lawyer and may be new to the OTC market, but I am very bullish on the future merger candidate 😎😎
— OTCTraderJ (@JustTradeOTC) September 1, 2021
$CUBV
Four days from signing an agreement the 8-K must drop according to SEC rules to keep shareholders informed of material significant facts. So it will be soon.
$CUBV
Break Above $0.04
On news of trip to Salton Sea
$CUBV
https://news.yahoo.com/lithium-fuels-hopes-revival-californias-183409844.html
Update from CEO Morgan
15M Vol buy trades to do that.
Yeah, pps pushing to $0.04
Go go go!
$CUBV
#2 Board Most Read, Most Posted
#4 Breakout Board
Go $CUBV, Go Lilac!
$CUBV
$0.036/pps
3.6M $vol
124M vol
Go CUBV
CEO needs to post another tweet for that to happen. I wish he would.
$CUBV
Breaking $0.03,
92M+Vol,
$2.5M $Vol
Let's go!
Your reasoning is logical Mr Spock!
So then the only item left is the definitive agreement inked signed and delivered? Leaving PR & 8-K to drop.
As per a previous post I made that maybe Tuesday at the earliest.
At $0.0299/share CUBV is valued at $87M. If the pps hits $0.30 this week CUBV is worth $870M.
How much is Lilac willing to pay for the shell now if they wait too long? How much is CEO asking for the shell? Perhaps if we go ape on the price this week Lilac will jump on it quick.
Prophet said the CEO remarked he is still in negotiations with Lilac. So there is no confirmation that a definitive agreement has been reached.
CUBV market cap is $87M. Lilac is valued at $23M according to Pitchbook. What is Lilac willing to pay for the shell? That's definitely a point to negotiate.
So we wait to see if Lilac agrees to the RM or wants something else like a merger with a SPAC.
Yabadabadoo, you're welcome!!!
The point is upon signing the definitive agreement there is a four day window to comply. Whether CUBV is SEC reporting or not doesn't matter. The 8-K informs shareholders of material facts needed as investors. So the PR and 8-K drop soon.
From sec.gov for 8-k forms.
Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 above.
Section 1-6 includes change of shell status, attorney, accountants, definitive agreements, etc.
It's possible the definitive agreement is signed and dated. If it is then hiring counsel on Thursday was necessary to comply with the four day requirement. Counting from Thursday that makes Tuesday a drop date for Form 8-K and PR to follow or later depending on signing.
https://www.sec.gov/fast-answers/answersform8khtm.html
Now #3 board most read.
??
We still need the PR from Morgan. Or do we?
Enjoy the ride! Rocketship is off the the launchpad!
I checked on another M&A and it began with an LOI to acquire XYZ company. After an acceptance period of two weeks, a Definitive Agreement was entered into with terms defined and a final date for the acquisition to be completed. A PR was dropped at the agreement date and two more weeks to completion was listed. This RM may take just as long. It's just a possible outline that we may look to.