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https://instagram.com/p/BaUbePxAvAR/
Wow, just wow.
Damn this is flying
Nice puma on bid
Lol you were saying?....
float unknown? Looks like it's trading pretty thin and moves fast for the SS I saw.
Seen this before. Drop before the big run
I have a feeling they'll be quiet during the due diligence period of the merger. Which is fine with me but ofcourse my funds clear Monday and I'm missing this but op
This is typically how low float plays trade. Can go up/down really fast. Volume will increase as the merger with Spectrum King progresses. I would love for your scenario to play out so I can average down back into the subs. Spectrum King is a very legit company in the MJ industry. Also, stop losses are pretty stupid to set on these types of plays imo
It's insane, I'll be here quietly adding until merger news is announced and the masses start buying.
Literally zero dilution here, with one of the most established cannabis grow light companies on the market. JV with Cree, multi billion dollar company.
No scam here
It's all in the 8k filed with the SEC. no scam here
Lol
Based off of Spectrum's social media posts and the responses, it seems that demand is pouring in for their products. Can't wait to see the financials on the merger 8k
https://www.instagram.com/spectrum_king_led/?hl=en
Their instagram is even more active.
Agreed, it's been 20 days since the mou was entered into. Gotta be close
Well said
Reread the definitions in the MOU, the post merger entity is "PUBCO" .. if the chart was labeled "PUBCO Cap Chart" then I would agree with you, but it's called "Spectrum Cap Chart".. therefore as per the definitions in the mou, the cap chart is in reference to the private company "Spectrum"
From the 8k: the surviving legal entity is called PUBCO.
Exactly, if it was the public company (PUBCO) doing the RS, the chart would read PUBCO Cap Chart
These peeps need to learn how to read the mou
Facebook did a RS as a private company, before going public. It's common practice for private companies before going public.
https://www.google.com/amp/mobile.reuters.com/article/amp/idUSTRE6904J720101001
No disrespect but you are misreading the mou
Again, the AS is 100 million with intention to raise it to 500 million post merger. It's explained in the mou. The chart describes shares of the private company which will rs prior to merging..
That table is clearly in reference to shares of the private company. Read the mou in its entirety and it paints a very clear picture.
It will come. Patience will pay off here imo. Quietly under the radar
Who tf just painted it down with 3000 shares lol
Nice movement after maxm left
Just a matter of time until this gets a little volume and runs to 05+
Merger PR should bring it .10 imo
.017 x .02
There have been a few low float, huge runners lately. BANJ time is coming without a doubt.
Imo they're just a regular, considering that Banjo is an Australian co. They specialize in foreign markets. But I'd like to see them on the bid too ofcourse
Solid explanation. Still very much under the radar here.
AS is 100 million, but could increase to 500 million. That table is out of context imo
Btw is td ameritrade down for everyone?
The time will come. I'd prefer that attention stay away for now. The COO of spectrum king, aka Former senior VP at Bank of America will make sure this moves in the right direction after merger is finalized. Imo now is the time to load up
Np... I've got more on the way, but gotta make sure I'm fully loaded first.
Light meter reading sk600:
Spectrum king's warranty is unmatched:
A quick search brings up many reviews, grow videos, and side by side comparisons for spectrum King:
Another cool article with SK mention:
http://timegazette.com/2017/10/global-led-grow-lights-market-size-2017-fionia-lighting/
Yeah the cheaper lights are made with cheap parts from china and no commercial grower would use that trash. Spectrum King's lights are for the legitimate growers.