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This deal was created "I now believe" to sell paper! Everyone ate John Fife's stock now this.......Bad deal!
That it.......!
Dude...peddle your BS to a newbie
My thinking is the short squeeze was confirmed today 100% BS. So, you either like the plan or you don't. As for the short squeeze, its fake. They did this to sell new stock such bu.tt-wipes all'em, maxim, Justin the whole bunch.
All Lies......
That would be Maxim
Going short against the offering. They'll then back-fill with registered shares later when it goes effective.
My guess....
https://www.sec.gov/Archives/edgar/data/0001707919/000149315221027533/form424b5.htm
This sucks.....!
it's going back to maybe the .50'ish range again! If you like the deal why pay the premium? Just back off Justin doesn't give a S**T it seems.
Well....that sucked! This stock is acting like something is wrong. Besides the stock everyone has to eat through the new offering!
Thanks a lot Juice-Box! Also we all know the stock has to be split too. Totally blows dude......
Not good.....
Mayor Pete must be giving you your forecast models or maybe even Joe himself!
They should've let this play out a day or two....not all at once!
Can't catch a break with these guys.
$300 million really....pathetic
You for got the kitchen sink too. But, as much as I want to micro manage "Justin's" actions he's done a fairly good job, selling an old company's assets and paying off debts.
The bottom line is this:
$275 million in cash
0 meaningful debt
950M Authorized
906 Issued
Looking to go green and if this short positions is real 4B shares i hear. Sh!t, this company was suppose to go bankrupt not have money and no debt.
So, if the company "Justin" even finds a semi-exciting Green deal its STILL a five-bagger from here and "IF" the short sellers are "REAL" WHO KNOWS WHAT THE UPSIDE IS, DO YOU?
buying a stock 2x cash is incredibility CHEAP!
1,175,000 pre market volume
6,000.000 market volume
7,175,000 total volume And this gets its a$$ kicked? Looks to me the long side is playing cat and mouse with the shorts.
It goes green I think today.
Sure does
Cash $279,000,000
Shares out 906,000,000
Few warrants non dilution 500K worth in different prices
Looks as expected and also a $7m loan to an affiliate persons company all part a prearranged transaction.
Conversion from NZD to USD.
It will send a message BIG-TIME, if we close UP today!
So, basically their unregistered derivatives? 6 years ago I added up the global derivatives market size and it was 1.4 quadrillion.
I can only imagine the size of what that market it is now.
Interesting
So, shares they're selling don't exist, Right? Where are they getting stock to sell? Makes zero sense.
Right about now the turn.....back up!
Thank you for the info.
The BIG NEWS today confirms, we all see the potential now....We see right through the shenanigans!
This is going to FLY fast and quick "daily" once the squeeze begins!
The taste of blood in the water always brings the sharks.
I was just thinking the same thing.....
If it closes at a day-high, that would be very telling.
Well that was a nice BIG FAT LOSS to someone.....NICE!
Keep covering if you only want little losses...soon it just might be impossible to cover = 1,000,000 shares might cost you $250K per $.25 cent move.
I'm in LONG for some of that feast!
There's .30 cash in the deal right now why .16? That seems a little Fd'up?
I must agree with Pablo JOHNNIEBG, the charts don't figure in that particular data, is this a correct statement?
Yep, their hammered.....
It's certainly been a long time just fixing a slide in a presentation?
From 4th paragraph from link below:
The Company notes that the Economic Disclosure was previously contained in the Company’s corporate presentation dated as of July, 2021 (the “Presentation”) and previously accessible on its website. The Company has removed the Presentation from its website and wishes to clarify that the Economic Disclosure, particularly the disclosure on slide 5 of the Presentation, should not be relied upon as no current economic analysis has been prepared or is valid in relation to the Company’s Incahuasi Project. The Company is not treating the Economic Disclosure contained in the Presentation as a preliminary economic assessment and hereby retracts the Economic Disclosure in the Presentation.
Source:
https://www.otcmarkets.com/stock/SPEYF/news/Spey-Resources-Announces-BCSC-Regulatory-Review?id=318885
They're coming back in from a vodka lunch break should see some new excitement....
Right around 1 pm EST will get exciting....always does.
Zuckerberg's first 2/3rds were FREE!
Until he paid'em $60mil....
That's exactly what I said when Facebook was at $25.00 a share...I said it to all my friends in my office what a POS Facebook is and I was 100% right.
Facebook is a total POS......But, look at the stock price!
You seem to be very generous on your part. I on the other hand, believe my pain is worthy of double that. Ooh oh the pain, the suffering, whe is me.
I noticed all day it traded in lockstep with DWAC....$64 up/down - verses $.64 up/down.
Somthin up!
THAT'S A FACT!
On top of that, there's Parlor and other good platforms ideas that all are on board with this type of thinking. A real change is needed globally. These old internet business just became tools to be against people who think for themselves.
If they get called do you know if fractional warrants will be included/allowed on a cashless basis.
---
Once the warrants become exercisable, we may call the warrants for redemption:
• in whole and not in part;
• at a price of $0.01 per warrant;
• upon not less than 30 days’ prior written notice of redemption given after the warrants become exercisable (the “30-day redemption period”) to each warrant holder; and
• if, and only if, the reported last sale price of the Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing once the warrants become exercisable and ending three business days before we send the notice of redemption to the warrant holders.
If and when the warrants become redeemable by us, we may not exercise our redemption right if the issuance of shares of common stock upon exercise of the warrants is not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such registration or qualification. We will use our best efforts to register or qualify such shares of common stock under the blue sky laws of the state of residence in those states in which the warrants were offered by us in this offering.
We have established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the warrants, each warrant holder will be entitled to exercise its warrant prior to the scheduled redemption date. However, the price of the Class A common stock may fall below the $18.00 redemption trigger price (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) as well as the $11.50 warrant exercise price after the redemption notice is issued.
If we call the warrants for redemption as described above, our management will have the option to require any holder that wishes to exercise its warrant to do so on a “cashless basis.” In determining whether to require all holders to exercise their warrants on a “cashless basis,” our management will consider, among other factors, our cash position, the number of warrants that are outstanding and the dilutive effect on our stockholders of issuing the maximum number of shares of Class A common stock issuable upon the exercise of our warrants. If our management takes advantage of this option, all holders of warrants would pay the exercise price by surrendering their warrants for that number of shares of Class A common stock equal to the quotient obtained by dividing (x) the product of the number of shares of Class A common stock underlying the warrants, multiplied by the difference between the exercise price of the warrants and the “fair market value” (defined below) by (y) the fair market value. The “fair market value” for this purpose shall mean the average reported last sale price of the Class A common stock for the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of warrants. If our management takes advantage of this option, the notice of redemption will contain the information necessary to calculate the number of shares of Class A common stock to be received upon exercise of the warrants, including the “fair market value” in such case. Requiring a cashless exercise in this manner will reduce the number of shares to be issued and thereby lessen the dilutive effect of a warrant redemption. We believe this feature is an attractive option to us if we do not need the cash from the exercise of the warrants after our initial business combination. If we call our warrants for redemption and our management does not take advantage of this option, our sponsor and its permitted transferees would still be entitled to exercise their placement warrants for cash or on a cashless basis using the same formula described above that other warrant holders would have been required to use had all warrant holders been required to exercise their warrants on a cashless basis, as described in more detail below.
I'm in and will add more. Sounds great!
Thank you...