AI
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| Alias Born | 04/29/2008 |
Tuesday, August 16, 2016 9:18:22 AM
Except, once again, there's zero evidence of any interest Cloudload has in SPOM. It's only SPOM's interest in being acquired by Cloadload.
And coming on the heels of a horrible quarterly report and toxic debt at a 75% discount to the market price, it's smells like a pump to me.
Here's the reality.
At $.005, it would cost about $2 million to acquire SPOM.
Then the acquirer would also get over $2.5 million in net liabilities.
So for $4.5 million, they'd get a company that had last quarter revenues of $50k and large losses last quarter.
Ain't gonna happen.
And coming on the heels of a horrible quarterly report and toxic debt at a 75% discount to the market price, it's smells like a pump to me.
Here's the reality.
At $.005, it would cost about $2 million to acquire SPOM.
Then the acquirer would also get over $2.5 million in net liabilities.
So for $4.5 million, they'd get a company that had last quarter revenues of $50k and large losses last quarter.
Ain't gonna happen.
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
