Thursday, June 09, 2016 9:45:41 PM
IMPORTANT FACTOID - Stock will potentially open over a dollar. 1.02 as indicated now based on current closing price, If that holds true or greater, DO NOT FORGET Institutions typically DO NOT buy stocks for under a dollar.
If this moves over a dollar and has some press that Klean IS merging with them, what do you think will happen ? Large institutional buyers will be buying the ground floor opportunity.
FACTOID- Market cap stays the same merger or no merger....approximately 5 million dollars...DO you realize how TINY that is ? Do you realize how far this can run ? Its estimated that Klean does 500 million in revenue worldwide....merging thru a company with a market value 1/100th of their revenues.. or 1% of their revenues... what do you think will happen if this merger news does come out and this deal is consummated ? my answer is a HUGE price increase potentially thousands of percent.
FACTOID- Klean would have picked the 1-14 ratio for a reason...thats a very odd number....not 1-10...or 1-25..but 1-14?? very bizarre..but not when you think of the fact that it brings the shares right around that dollar mark...a great base to build on...
FACTOID- I have no doubt we will hear of the UPLISTING to NASDAQ once the press release is announced...
FACTOID- NO one knows if the Press Release for the merger comes out tomorrow or not.....it would make sense..but it may not...I say to anyone who thinks about selling with or without news, is to stay put..STAY THE COURSE..
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