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Big slaps someones getting burned here today
Yessir
I agree was just talking to pennies about this, being belfrics is already established and making their debut into the North American market and will be the 2nd public traded exchange. Once the ink is dried and the deal is done post split big board money will be chomping at the bit to get in here.
It will, think about it everyone knows the R/S is on the table, they know about the Reg A and everyone is still loading, know why? Because regardless of these moves the potential for a mega market cap is there.
We have a multi faceted company dug into workplace mental health and a multinational crypto exchange thsts using LCLP as a vehicle to enter the North American market.
Since there is only 1 currently publicly traded exchange (COIN) and 1 other company i know of starting a new exchange we stand the best chance here.
Belfrics is already established, business relationships built, growing consumer base, this will be a multi dollar company, look at the big picture
Huh 15x as increase? What are you talking about
Just talked to IR they have noticed alot of differing opinions on social media regarding the offering and will be addressing this to clarify everything tomorrow
Those are some big slaps
Huge tweet!!
Belfrics CEO and Founder, Praveen Kumar said, “This is an exciting time for Belfrics. After many years of hard work building a global exchange for cryptocurrency and the most secured trading platform, it is time to spread our wings globally. The acquisition of #Belfrics by
— Belfrics Global (@Belfrics) July 16, 2021
Dam auto correct monsta gains coming lol
Agreed way more monetary gains coming
Love it thank you
Exactly welcome my friend
Seeing alot of big names saying they are adding here, we may see a big push today
GO LCLP!
Thinking so Cj you hopping on the train here?
So this is everything I've just learned
-The Reg A offering is to provide capital to expand Belfrics and Cognitive apps, the offering will be completed POST R/S at a fixed price that has yet to be set and will be none dilution to shareholders. This is still in the approval process with the SEC so no shares have even been issued.
- The Reverse Split will be a 1:15 ratio with no change to the authorized shares, no change to the authorized because they would have to amend the articles of incorporation. So O/S will be 83mil and A/S will be 5bil. The date has to be set by FINRA so it is NOT happening on Monday July 19th, it has not even been approved yet.
-They will announce the closing date of the Belfrics acquisition, the date of the R/S and the Reg A offering once all approvals have been processed.
- There is absolutely no dilution
- we could be weeks away from the reverse split
- everything right now is retail and retail demand, with the valuation of Belfrics we should be hitting or breaking highs again before any of these events occur.
So reg a offering will be done post split at a fixed price yet and it hasn't been approved by the sec yet, th, they will pr the acquisition closing date and when the r/s comes. R/s date has to be set by finra so its not monday we are a ways away from any of that, they are not converting anything at all today's action was all retail.
So they must be close to completing the offering then
He said its on EDGAR ill have to read the 1/A
Yep I'm still asking more questions but I'm liking what I hear
Whats your Twitter so I can message you
Message the whats app number at the bottom of the PR if you have questions
Talked to the IR guy from the last PR
Reg A offerinh shares being sold are a fixed price and not toxic to shareholders.
The A/S will be 5 billion post split, asked what point of split even was and the said 1bil shares is unmanageable. No intention to dilute.
Expect another PR to clear up some of the confusion soon
Sent an email to the company see what they say
So A/S reduction too?
Or just alot of profit takers and flippers from a 2000% run
Smash this knuckle head of .031 LFG
Who says its not,.they don't go straight up
Grabbed more today too
100% agreed Herc
https://www.belrium.com/market-performance/
Checkout the website for belrium
Well will be the 2nd on NASDAQ the intent of the R/S is to uplost to NASDAQ, once there with an already globally established exchange it will be a feeding frenzy imo
156mil O/S with an unlimited A/S too thats an incredible rin
More attractive to institutional investors with a smaller share structure, couple institutions get on board thisthing can really move. We all know how well coinbase is doing and they are the only publicly traded exchange currently, institutional investment would love a crack at another already publicly traded exchange, especially if its already established a market and user base in asia
All I know is this seems like a great opportunity legit one of the best ones I have seen in a while
So out of the 3 companies I know of starting their own crypto exchanges none of them compare here.
-This acquisition is with an already established exchange.
-LCLP has the best share structure out of the other companies.
- the acquisition closing date is in 70days, in 70 days people will be flooding to pink current companies.
- the new rules should bring institutional investment into the OTC,this R/S is perfect and will make them even more attractive to institutions.
Load and hold here peeps
Oh im patient been here silently for a while now
Their last PR said everything was done and just waiting on OTCM access to upload?
Talked to MNVN management they are just waiting for access to OTCM markets, filings are done along with att letter based on last PR, last step is access to submit, they think this week or early next week.