Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The Market Maker is absolutely going to all extremes to load PLPL. No argument about that! When you have a unicorn you sometimes have to do what you have to do to capture it!
They are also business partners with Brookmount.
I find is hilarious that you can not talk about the fact people are INVESTING in BYOPLANET. Very simple question. Is BYOPLANET worth more then its $6 Million dollar Market Cap.
You realize the company has Millions in cash. You just mentioned how they could theoretically use $1 Million dollars to buy back stock. BROKE COMPANYS don't Buyback stock!
BTW the company had REVs of $85 MIllion during covid, but I guess the company is trash and everyone should sell it at bottom? That was rethorical, please don't answer!
They have also been very clear they have no need to dilute. They are self funded with millions in reserves right now. They will not be entering any Toxic Loans or or convertable debts.
Your 100% correct. Nasdaq has listing set listing requirements such as minimum bid and Market Cap. That is just the starters. There are several tiers and unique variables for each one.
From what I know Byoplanet would have no issues reaching a 82M Market cap. Right now were at 8M. In Fact I expect it to be way higher then 82M when they go to uplist. BTW don't rule out the NYSE..
YOU FAILED TO MENTION That stock ran from .01 to .10 in one day.
That is 10x in a single day according to my Math, but yet you REFUSE TO ACKNOWLDGE that.
Noticing a pattern here!
POLL who would be in favor of a PLPL Reverse Split if the Company Valuation was $1 Billion Dollars.
I vote yes!!
Again you FAILED to RECOGNIZE BYOPLANETS VALUATION..
The non logical part is your failure to acknowledge a market cap and company valuations. Want people to take you seriously then you need to place your data into context.
If you want to talk about Share Structure only and avoid Market Valuation then perhaps look at Shell Tickers only!
Again with the FLAWED LOGIC.. What was the Market Cap of Humble Energy, when that RS happened? What was it at the Start of the run? Small details being left out.. HMMM
Didn't that go from Trips to 75 cents? What was the Market Cap in Trips?
Let discuss!
You mentioned nothing about Byoplanet, its current market cap or its valuation. So if Byoplanet has a valuation of 1 Billion dollars, your saying that Retail will Panic Sell? That logic seems quite nonlogical.
If you want to broach Share Structure then you must be willing to fairly discuss the market capitalization. Essentially your saying Byo Planet is worth $8M or less dollars. In fact you just mentioned .0002, which would imply Byo Planet is worth less then $2 Million on the books..
Your logic sounds very much self fulfilling.
Not a Clue, that was light humor at management as we all wait for the Audit finalization. As much as I joke around about management and Leonite, this has been a long arduous process for them to get a 3 year PCAOB audit conducted and completed.
I can assure you unequivocally that Management and Leonite want this uplist way more then any retail shareholder. Were in good hands minus the gamesmanship.
I wouldn't take that tweet so literally. Perhaps Mercurius Advisory Services Auditing Department Staff's 30 people.. No need to read into that tweet IMO.. Glad were making progress!
Not a theory, it is just proper protocol after a Form 10 is filed to register the shares w the SEC. I believe it was mentioned in some of the conference calls in the past.
My only theory's revolve around the Lender/Company relationship, and they are not much of a theory. Leonites name will be wallpapered all over that S1 along w other institutions handling the uplist.
I disagree. The CEO has been very clear. Not many Penny Stock CEO's do quarterly Conference Calls..
You claim to have a Finance degree. If your truly do then I know your Full of Shit on this board. I have had 2 Pub Co CPA review financials and invest in this. Nice Narrative though.. Probably one of the J_ _ Crew at Leonite..
Funny how you FAIL to recognize Market Capitalization. The Biggest Arbitrage situation I have seen in the OTC in years.. PLPL Market Cap is $7M and the Byoplanet is worth HUNDREDS of MILLIONS.. So yes REVERSE SPLIT ME. My shares will trade 1/100 thinner or 1/1000 thinner..
This is going to Uplist and they will not dilute. I am sure the company will come on record with both Claims..
That is correct. Byoplanet is quite large. Biggest merge in the OTC has seen in years.
Hard to say where the offering will be. $5 is certainly plausible. We need the analyst to amend his prior figures to accommodate the Brazil deal when that "officially" closes. That could easily drive the offering prize higher.
Some of the earlier poster have mentioned the company can not repatriate funds from the Indonesian site. If this is truly the case then this bodes well for a higher offering price since the company will need more funds for the other projects.
The reason it can't be a low offering:
1. Would not have enough shares in the O/S. Only 39M O/S left after Brazil consideration factored.
2. NASDAQ/NYSE has a minimal bid.
Now the company could do a Reverse Split to Qualify for minimum bid but that would not change the current 6 Million Market cap.
Did a nice deep dive and did a straight up head to head comparison of BMXI and US GOLD which just IPO a month in April. Disclaimer, USGO is still in exploration phase compared to BMXI which is a producer.
BMXI beat them in all the important category's.
1, Higher Revenues
2. Larger Net income
3. Larger area for mining rights.
US GOLD working w about 54,000 Acres with only 1 location.
BMXI has twice the acreage spread out over 4 counties.
So the offering was 2 million shares which were offering at $10 dollars. So a total raise of 20M dollar.
BMXI has a MC of 6 Million and US Gold at 191 M..
So my summary concluded US Gold is trading 29x times higher based on less Revs and Smaller operations.
ALL THINGS EQUAL BMXI would be at $3.79. Now obvious that is a poor comparison cause BMXI is quite larger w Revs and already has a Analyst price point of $6 dollars before the Brazil deal is finalized.
So where will this BMXI offering be at?
U.S. GOLDMINING ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING
https://www.marketscreener.com/quote/stock/U-S-GOLDMINING-INC-152131619/news/U-S-GOLDMINING-ANNOUNCES-CLOSING-OF-INITIAL-PUBLIC-OFFERING-43623043/
FINVIZ US GOLD
https://finviz.com/quote.ashx?t=USGO&ty=c&ta=1&p=d
Of course, there will be more partnerships and acquisitions. Listen, I do not even blame the poster for trying to shake up the tree. It is not common for a OTC company to have exclusive deals w Merck.. BTW that is the tip of the Ice Berg. The company is not going to dilute cause they are solvent and self funded, so I would favor a RS because my shares will trade 1000x thinner..
My group has 2 Billion shares and not selling through a Reverse Split. We will hold for either massive run or Nasdaq/NYSE. We have already done our valuations on Byoplanet. The market cap is currently 7 million dollars. We have this valued 35x to 70x based on Comparisons.. Have a wonderful Sunday!
Bottom of the 9th and I am up like 25 to 0. So thanks for the entertainment. My size will not be sold till Post uplist when you Pump it!!
Everything you just mentioned is PAST TENSE. Has nothing to do w The Audit Completion, Uplist and offering which will likely be SEVERAL DOLLARS. And Yes they SOLD SHARES. That is what a REG/A was used for and there Partner Leonite purchased them. So GUILTY AS CHARGE the company which is Uplisting to the NASDAQ/NYSE happen to have sold some shares over the last few years!! As if that is a BIG DEAL.. rofl...
Great news. BMXI just increase the O/S by another 2M shares. Clearly going to Leonite, but this is great news for us longs. The Brazil deal the company is exchanging 51% of its commons. So BMXI is only working with 101M of the 200M Float.. Now the O/S was just increased to 61M, which leaves the company only 39M shares for the S1 Offering.
Lets say the company wants to raise $20 to $30 Million Dollars at offering to fund new operations.. Nasdaq and NYSE have a Minimal bid price of $4.00 Bucks.
Scenario 1. So they can offer 5M/6M shares at 4bucks, Remember they have to be at $4 bucks to uplist.
Scenario 2. They Max out the A/S sell those remaining 39M shares at .75 cents and they do a 1 for 6 RS.. The latter scenario is highly unlikely since the Analyst has a $6 dollar Price Target not including the Brazil deal. That would only increase it.
How about this, you can question me all you want Post Offering. Until then spare me the rhetoric cause all my "Claims" will be backed up by SEC FILINGS.
Insiders can do what they want as long as they file a FORM 4. However there are heavy restrictions on insider selling and they wouldn't sell until After the Offering and Uplist..
The second Merck was mentioned Hedge Funds started lining up the bids. Were in a great place. Trust in the DD.. Review the Filings and Press Release. Always question people who bring up dirt or appear as they want the stock to tank. They simply are trying to buy your shares cheaper/on bid. Quite Frankly this is setting up to run like ENZC/TSNP.
Here is the deal. I will net several million on this. I happen to understand the process of PCAOB to Uplist very well. In fact my friend was part of a team who did the underwriting for the bookrunner on a nice size Nasdaq uplist. BMXI happens to be way larger. Not sure why your trying to test my intelligence here.
BTW GEO BLOCKS will receive those 49% of shares and will be CO OWNER of BMXI. If anything Geoblocks will want the offering as higher possible to maximize there end of the deal.. COMMON SENSE.
WHAT A JOKE.. It would be one thing to test investor confidence at 60M MC but no flipping way will it work here at 6M MC.. I have ZERO PLAN on selling under any OFFERING PRICE btw. You can RADIO that to NILS and Leonite
They are not doing an offering at .75 cents will be multiples higher. That is not even high enough to qualify for the NASDAQ or NYSE.. THINK BIG MY FRIEND.. 4 to 6 months is a long time. PPS can go up quickly given catalyst..
Well Merck has 69,000 employees and we are now partners with them. Perhaps 1 or 2000 of them are buying PLPL..
Yes Naïve, cause my your forgetting one wild card. That $6 Dollar Analyst Target DOES NOT include the Brazil deal. So that Price target will likely double in size. $10/$15 bucks..
Remember they only signed a MOU. Memorandum of Understanding. I am sure the deal will close though and when it does it will be pressed out.
OTC is like a Roulette Wheel. Place your bets on a few tickers and spin. I think we can all agree we struck gold here. Just comes down to signing some paperwork for the audit. Then the fun starts. Form 10 followed by an offering.
Brookmount is a Global Company.. Think BIG not little.. Hope everyone is well on the board. Just sitting back and relaxing. The next 3 to 6 months is going to be absolutely "mine" Mind blowing!
Does anyone have a Valuation on BYOPLANET? I know they did $85 Million in Revenues a couple years back, but what is this company valued at? To me this looks like a once in a lifetime opportunity cause the Market Cap is like $4 Million dollars and we damn well know the merging company is worth multiples higher.
Not one of my Nasdaq/NYSE comparisons have market caps this low. In fact not one big board company with a PE ratio over Zero has a market cap this low and there are over 3000 examples.
The company is solvent and has no need to dilute shares. Yet your suggesting they will RS and the Market cap will vaporize. I mean I understand your point but it is purely fictional thought process.
How can anyone take a post seriously when you gave Zero Creedence to the companies financials. You just use the word Reverse Split like it is some scare tactic w little basis. Yet you want to ignore Market Capitalization. Only $4M btw. The ONLY reason they would contemplate a RS is for a Planned/Future Uplist to the Nasdaq/NYSE.
The COMPANY WONT DILUTE.
No TOXIC DEBT
SELF FUNDED.
Flippers? ROFL.. Just invest.. Beer money today or retirement money in a year. Not a hard choice.