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merger shares are restricted. they cant sell them! what other shares are you even talking about? show me in the filings!
STRONG BUY. $1B transaction volume by 2023. Buy from short sighted flippers when theres blood on the street. Thats how you make money long term!
STOP MAKING THINGS UP! show me in the filings any data to support your "theory".
$80M merger value. $7M market cap. Do the math. Excellent buying opportunity!
Accumulation line is way up since December news release!
These market maker games are to get more cheap shares before merger announcement. Accumulation / Distribution line suggests share accumulation!
thin volume trading LOL
do you want someone to hold your hand and tell you its OK ??? LMAO
$80M company value is just for the merger deal. If they are projected to hit $1B transaction volume in a year then i would think Company value would go up from here as well! If we just put conservative 3% profit margin on $1B volume - thats $30M a year. For fintech companies evaluation multiplier is 10-15x revenue so that puts the Company value at $300-450M....
All estimates of course until more financial details are disclosed.
acc/dist line is going up. the stock is being accumulated. you clearly sold your position. now you want to feel good about it? “genius.” LOL.
$9M market cap only on a $80M deal. acc/dist line is going up. people are loading up.
incoming company officers likely will get restricted shares of the merged company.
$80M valuation on a $9M market cap ticker. Dont need to be crazy rich to understand simple math and value here...
"The preliminary valuation of the transaction is $80 million USD. The Fin-Tech operations will become subsidiaries of PLYN and file consolidated financial statements."
just starting. over the weekend more eyes will be on it and its last PR confirming $80M merger in progress.
Higher highs + higher lows = bull trend. Simple.
their motives are easy to figure out. they want cheapies to reload LOL
Wrong again haha! Look at the accumulation distribution line --> stock is being accumulated. Large buys last two days in fact. No Dilution either!
With $80M value and skinny share structure this COULD fly much higher!
accumulation range
The flippers will be left behind without size when news come.
Nobody knows when they will drop the merger news.
ihub is not popular these days.
i wont sell single share until i know target company
The glow of one warm thought is to me worth more than money. - Thomas Jefferson
FinTech Sector in Singapore attracted ~ $3B in Funding in 2021
The FinTech space in Singapore is anticipated to attract an estimated $3 billion by the end of 2021, Sopnendu Mohanty, the Monetary Authority of Singapore’s (MAS) chief FinTech officer, told Bloomberg on Monday (Nov. 8).
The amount raised is expected to be triple that of 2020's sum, and comes at a time when Singapore is making moves to be a regional hub for capital raising in the region. Mohanty anticipates that digital banking will become a bigger rival to legacy banks as new products and services are introduced for smartphones.
“They will be far more efficient, their use of tech stack wins on the cost transaction, hence they will be more competitive,” Mohanty said.
In 2020, Singapore issued four financial services licenses to non-bank firms, which included an entity developed between Grab and Singapore Telecommunications, Sea Ltd. and a local unit of Ant Group. The digital banks are anticipated to start operating early next year.
https://www.pymnts.com/news/fintech-investments/2021/fintech-sector-in-singapore-could-hit-3b-in-funding/
exactly. free information is worthless. there is no free cheese.
your numbers are incorrect and dont reflect reality.
Im doing more digging and this may turn out to be an absolutely massive merger.. the best part - PLYN is still under the radar. I LOVE THIS SETUP.
Most people cant do math and hence dont know the enterprise value of a Fintech Company with $1B transaction volume. I can tell you right now its way above today's $7M market cap LOL
This is absolutely huge opportunity right here.
When they drop the PR shining more light onto this Fintech company ... then all these prices becomes irrelevant... 3 - 5 - 15 - 30cents ... The Company is targeting $1B transaction volume by 2023... News will just drop and price will spike up without any opportunity to "buy size".
"The company with which Palayan has signed the MOU is projected to achieve more than U.S. $1 billion in transaction volume by 2023"
You dont go from $0 to $1B transaction volume in a year. They must already have transaction volume in the 100s of millions $.
This is exactly why: "... FinTech company in the money transfer industry, which has asked not to be identified as yet, is in the global marketplace."
This is penny stock for not much longer... accumulate.
Someone sold 20M shares for $20 on 12/20/21. no bid at all.
This is HUGE positive for PLYN as well going forward! : "The Company will rely on Preferred shares to acquire companies and raise working capital, always looking to insulate the common shareholders from unfair dilution."
https://www.otcmarkets.com/stock/SBDG/news/Small-Business-Development-Group-OTC-SBDG-Shareholder-Letter-From-the-CEO?id=337488
Stony Hill Advisors oversees this merger... look into the biographies of people working for Stony Hill... These are respected people in the industry. One of the team members Duane Albro - "served on a White House National Advisory Council on Technology in Education". This is not the type of people to get involved in some OTC scam. LOL This merger is legit!
https://stonyhilladvisors.com/about-us
"Small Business Development Group, Inc. (Stock Symbol: SBDG) has the knowledge and resources in place to assist both PLYN and its FinTech acquisition.... ... utilizing our in-house M&A Advisory firm, Stony Hill Advisors...."
Stony Hill Advisors LLC is a 10-year-old merger and acquisition advisory firm that specializes in providing intermediary services for lower middle market companies and small business entrepreneurs. Stony Hill has assisted clients across a wide variety of industries throughout New Jersey, Pennsylvania, Delaware, Ohio, Connecticut and the New York metro region. Stony Hill offers various professional services including mergers, acquisitions, divestitures, exit value planning, business valuations, and transaction consulting. Stony Hill is a trusted advisor partnering with their clients and the client’s other trusted advisors to provide confidential, qualitative, and quantitative guidance and deliver results. Stony Hill believes owners and acquirers of small and mid-sized businesses require the expertise and dedication of the team of advisors. Stony Hill partners with clients to provide confidential, qualitative, and quantitative guidance and deliver results. Stony Hill serves as SBDG’s in-house M&A Advisory firm, and SBDG plans to expand Stony Hill’s presence throughout the United States.
Why is this FinTech company being so secretive? I think the reason is they are well established global FinTech player. The disclosure would cause a major run on the stock BEFORE they can complete the merger and start with the PR releases.
Any thoughts?
"signed a “Memorandum of Understanding” to acquire a Global FinTech company in the money transfer industry. The company, which has asked not to be identified as yet, is in the global marketplace."
merger is in progress. restricted are most likely given for the incoming company officers since they have to have a share of the merged company.
HAPPY HOLIDAYS :)
Dip then rip!
Hit 50% fibo- nice buys!
Excellent buying opportunity right now. will be easily $50M market cap sooner than later.
Legitimate stock does not need pumping. It will continue on its own. Have patience grass hopper. With merger going ahead we should see brighter days ahead of us.
i trade using tea leaves! its the BEST! LMFAO.