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.
What's SPA I am sorry
Can someone post details of the share structure or point me to any existing post.
IMO the management is executing on plan B. Test of characters for management. Time will tell. Multiple milestones insight for EXAD
It's all about achieving finish line now.
Once they start to show results, pps will move.
My expectations this week:
Expecting signed APA with East Coast seller followed by solid PR this week. Also a guidance on how fast the closing will happen. normally it takes 3-4 months, I guess but I am hoping they can close much much faster , say 1-2 weeks that would be awesome. Reason for my hope is language in past 8K that suggests the deal was in play for long. And update on west coast deal.
Correction xZx. Thanks for the DD
I loaded at 80 and is testimony to my ground rule of OTC - it's all about management and SS. Thanks xyz for your DD.
No power in power hour. The wait moves into the weekend.
Need 5 million more volume to cross 40 I believe.
Twitter:
As per the 8-K released on 07/28/2016, $EXAD has delivered the Asset Purchase Agreement (APA) to the seller.
sec.gov/Archives/edgar…
APA to east coast seller delivered. Like the sense of urgency and transparency here
New tweet!!!
Awesome volume today
Here is what they said on 8K
"Discussions and face-to-face meetings have already been held for this operation and matters have progressed rapidly since information was first released to the market. A Definitive Agreement for this plant is expected to be signed within days. "
Go EXAD
Ok ok.... I get it..
Someone missed there deadline one more time.... Aaaaghhhh!
Imagine this board once 8K hits.
Agreed! Especially when it comes with "minimal cash" and my revenue is moving books.
Correction $1.5 million
Awesome! Playing along..... Imagine if they issue all in this deal. At pps of 0.10 it is $150K. If I am the seller is that enough, good, bad....
Any suggestions?
Do we know the SS around preferred?
Exactly my point- get in the shoes of the seller.
If I am not mistaken they have 15 million A/S for preferred.
I'm interested in pps of the "redeemable preferred stock". IMO, that will have a reflection of pps of common stock.
Or am I missing something here?
I believe the reality is we hardly have new buyers for the last couple of weeks. All longs here are full and this will not move until new hands get in.
Interesting to see how company is planning to support pps for up listing.
We need 30-40 million volumes to pennyland!!
Why on earth there are so many shares on "sale" at such low pps especially after this morning's tweet.
Bring on the update $EXAD
Some of them have tens of thousands followers!!!!
Take a look at the followers on Twitter
Go EXAD!!
More importantly where did the 8K writers go?
Even better . now to move that revenue from my books to say company's , I am getting compensated by preferred stock. What price would I want the company to purchase back at
So 1.7 million APA I am referring to. Rest all is plans.
Read pps not pos
Assumptions: The purchase price of redeemable preferred shares which will be issued as vehicle of financing the deal, should have impact on POS of common stock.
Food for thought: I guess there are 15 million A/S preferred stock. Get in the shoes of the owner of $1.8 million revenue, how much I will be happy with?
Hope I am thinking on right lines. Just a food for thoughts....
This is ultimate test of patience!! Bring it on!!
When bid sitting is paying off here why should one bid whack. 60 more days potentially of silence for some ppl and for some - "Accumulate"!!!
Hopefully all these accumulations will pay off. Hehe??
Totally agreed. That's what is on Nasdaq. And guess what, it's reported as insider transaction sell. And that's what I'm saying that for maths sake.
Thanks for the nice DD.
I'm a rookie and here to learn. Please go ahead and enlighten me with facts.
??
And I hope it's in safe hands!!
There was 61 million shares sold by the BCP management ( which is a good thing for the stock) but it's reported as insider sell. So shouldn't we consider that insiders bought 100- 61 million ( saw on Nasdaq).
$EXAD . I'm long here btw. ??