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They might be foregoing the RS and just trying to get the performance incentives outlined in the RWOD s-4. Thoughts?
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317665178&type=PDF&symbol=RWOD&cdn=41e54c9f114484d7a6a1d456522ddb91&companyName=Redwoods+Acquisition+Corp.&formType=S-4&formDescription=Registration+statement+under+Securities+Act+of+1933&dateFiled=2023-08-04#page1
You need to start slappin that fat ask
How bout you take the limit off and swat the entire ask board haha
16 milly bid. Nice
When and by what means did finra request additional documents? Where can we find this info?
Why hasn’t finra granted it in over a year? If there was a mistake in the filing why wouldn’t skunkle have fixed it by now?
Thanks BB
Can you further enlighten my fellow peasants on the statute of limitations you refer to.
The legend is on board. BB can you weigh in with your thoughts on the RS situation?
Hey ol huggy bear. How you been? Why you figurin this is a con? Looks pretty clean man other than skunkle attempting to RS decimate us. Finra hasn’t approved it in over a year tho. So we’re kinda like.. maybe they just won’t. Yes I know the don’t “approve” but you know what I’m sayin.
Someone just slap that tight little ask already!
Yeah but he should be able to state a logical case shouldn’t he?
I’m aware they don’t technically “approve”- but they do. I suspect it’s #4- may pose a threat to investors. It was a clear insider enrichment initiative. Nothing illegal that I know of. Just ridiculous.
Finra is not going to approve the RS because it would eviscerate current shareholder value due to the insider preferred shares being unaffected. So this spac merger is his new plan IMO.
Here’s from my previous post:
According to the last quarterly skunkle owns 165,761 series b shares. Which converts to 16,576,100 commons which after the merger should be worth around a million dollars. Decent incentive no?
His main argument is that finra is suddenly going to approve a RS that skunkle has been trying to get for well over a year. My theory is that he’s given up on that hope of screwing us shareholders and that’s the reason for the spac merger. He now realizes he’s got to take us with him.
I’ve asked him that multiple times. No reply.
Do any of you guys have any money? Slap that tight ask!
Stemcell, if your thoughts are sincere, I appreciate you trying to help ppl not get screwed here. Can you comment on how this goes wrong if Finra doesn’t approve the RS before the merger? It’s apparent to many here that they won’t because skunkle has been trying to RS decimate us for over a year and finra has not approved it. Can you concede it’s possible he’s moving on regardless at this point?
Stemcell Research, please tell us how we will have our value decimated if finra does not approve the RS...which they haven’t in over a year as you know.
According to the last quarterly skunkle owns 165,761 series b shares. Which converts to 16,576,100 commons which after the merger should be worth around a million dollars. Decent incentive no?
Let me know if you see LEAS in here after their latest filing in March 2023:
https://otce.finra.org/otce/dailyList
You won’t and you ain’t gonna. FINRA isn’t going to approve that BS. Time to face the music skunkle. You’re carrying your loyal investors with you to the Redwood promise land!
The spring is coiling up tight. Might have to wait till Monday for the tension to release.
Can you spoon feed that bit of the 8k to us? I must have missed that
Looks like a bull flag
No mention of it in the 8k and I don’t see it on finra’s website. Hasn’t happened for over a year. Ain’t gonna happen. Look at Zardiw’s sticky post.
Thanks for doing this work Zardiw and the sticky so ppl can find it easier.
Good to see you here Elk. This may be one of the purest otc plays I’ve seen but haven’t been around as long as you.
Finra hasn’t granted the RS for like 2 years. It ain’t happening. Skunkle moving on with what he can get. With current LEAS shareholders on the gravy train with him.
Please let us fish know how this is a bad investment without mentioning past ceos doings and AFTER reading the SEC filings. Save us from ourselves please.
Blu good to see you here boss. We’ve got our sights set on coppertown. Please offer your input weeeeeeeeeeeeeeeeeeeeeeeeeeeeee
MMs wanna play too.
Coppertown or bust. This is the most straightforward otc deal I’ve seen.
I mean if the spac deal falls through yeah but if it doesn’t....no....
Yeah skunkle would be diluting himself with this deal. Doesn’t make sense to sell into it.
Good thing none of that’s relevant to the spac merger between ANEW and RWOD. Skunkle doing it right.
Check out the SEC filing
LEAS .0014 running on spac deal
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317542914&type=PDF&symbol=RWOD&cdn=59b5e80b0c7be75af48c8ac98bce1445&companyName=Redwoods+Acquisition+Corp.&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2023-06-05
Oh it’s a done deal then, no?
The risk-reward is laid out pretty clearly at this point. Either 10-50 bagger copper town or Rwod rejects the acquisition. Bottom is a lot closer right now than the top IMO....
“based on an implied ANEW equity value of $60,000,000, to be paid to ANEW stockholders at the effective time of the Merger.”