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So share case is resolved but not sharp . Share case needs executed. Be nice if they retire those shares
This is good : It is on hold because a settlement agreement has been reached,
Idk hands in the air !! We all thought resolved but then maybe they quit paying ?
Maybe ask Sharp what’s the plan lol
There you go ! Lithium play again
Yeah we just gotta get back in the game
Here and see what happens . Let’s go Maggie!!
Always someone that cares lol! Guy funding it maybe
That’s all true so you’d think MW want this thing to go well .
No this is just a decoy lol
Throw us a bone. Imo must be r/m due to the share filing most recently .
Oh some trades today?
Yeah not sure about him. He kinda burnt me when promoting it when Pennie’s to dime . I still think we have a chance though
Based on Volume now I doubt it
Too Much wine! They can have them never for .0001
Nice ! Very nice !
Oh wow! I love chocolate covered strawberries but finish that bottle
Lol! We gonna be rich !
Lol! The entire bottle of wine is talking tonight ! Of course we won’t !!
I’m selling all my 30m Shares Monday
.005 in hours if vesl. .01 next
Dsy
I have little ass left . Sure better . I will
Take .005 at this point but want Pennies again .
Lol! I just cut mine
We need a 4th of July Banger!
We need some serious help here !!
you are still lurking in the shadows of our demise! Good to see you!
TMI lol! Well anyways this must be a longgggggggggggggggggg term play.
They’ve done great on filings but man give us the rest !! I’ll be under a tombstone as well
and stayed there all day lol
Release the Kraken r/m you all been hiding
Yes saw that before . Hiding on his LinkedIn profile . No substance
LOL! you got me excited for a minute
Who are those guys? Are they mentioned in documents ? Don’t recognize
My view is near term , they get it to .0002 . Hire promo group too push it to .001 and stable . Then release something more substantial to go higher . All this year . Ok that’s my prediction lol
Well if Bradenheads 1.5 year old theory holds true then maybe .
Bradenheads post certainly seems to be what is happening here , and perhaps they recently file the stockholders rights doc ? They want to be able to move quick
I know GM was speaking with Prophet. Those two are now completely out of the picture but wasn't someone close to Margaret?
I’m East coast . Only place to go is their house as there is no office in La Jolla
So nobody has been able to get a return email or anything from the company?
Interesting to bring this post back now. Lot's of depth and possibilities and interesting we are now within the 1-2 year period
Okay, hardlesson, I'll engage. However, to shed sufficient light on the matter in the interest of clarity, my remarks will be both lengthy and possibly the subject of much debate on the board.
First, I like your assumptive close re: conversation w/Eric. I'm guessing you have a background in sales. In any case, I will neither confirm nor deny. Second, on a personal note, my prior picture was of my Daughter (replete with facial henna tattoo) taken during a trip we took to Playa del Carmen 14 years ago. Although I'm quite proud of the woman she has become, the image did not convey the mature profile I wish to convey.
My thoughts on other matters:
As we all know there are three ways for a private company to fund rapid growth. 1) Re-investment of profits from ongoing operations (slow track when substantial investment is required), 2) debt financing which encumbers sustainable growth during repayment unless, of course, operating margins are large and swift, which I don't see materializing due to the timeline of project development and 3) gain access to public equity markets (either through an IPO or a reverse merger with an established public entity).
Quite obviously, we are observing a developing reverse merger effort. What one needs to realize is that a R/M is NOT the endgame. A merger, by and of itself, provides no capital. So, it necessarily follows that a Reg. A offering will be floated as the source of capital for developing the lithium extraction and refinement project. Without over speculating the immediate post merger share price, a $100 million capital raise would require an offering of between 600 million and 1 billion shares. I can NOT fathom a scenario where a merging entity would subject their newly acquired ticker to this kind of dilution and inflated share structure.
So, I must consider the possibility that a reverse split of 1:40 or 1:50 will be announced shortly after any merger and ahead of floating a Reg. A capital raise. Obviously, this comment will raise the hackles of many here but accredited/institutional Reg. A investors would be taken aback by a share count approaching 4 billion, sans a R/S. However, just such a strategic maneuver would quicken a future QB or NASDAQ uplist.
Consider this: A reverse split would allow them to price a $100 million Reg. A capital raise at a little under a dollar, requiring the placement of say 120 million shares. At the end of the maneuvers the share count would be less than 200 million, project development would be underway and longs would begin to see the phenomenal advance in share price hoped for. A shareholder expecting $25 pps without re-structuring is simply dreaming and not being realistic. However, under the scenario I have elucidated a current 10 million shareholder could see $25 pps on their reduced holding. That would net a cool $5 million return which I estimate as a 25:1 gain.
Again, I expect substantial push back on these assessments, but I believe this is the path we are on. It will take patience to hold. My plan is to exit with stealth immediately upon the inevitable post R/M spike yet ahead of the R/S announcement. I will then look to re-enter as the Reg. A capital raise nears completion and before substantial development progress is achieved. My judgement is that this process will bear a timeline of 1 - 2 years. As you say hardlesson, Respect and GLTA.
Hmmm?? Head scratcher
I know a guy! ;)