Thursday, March 22, 2018 3:52:11 AM
Yet, there is approx 12 Mil in the float?... volume has traded 8xs what is available in the last 3 days... and ENRJ will dodge the bullet. lol
Name change is in the wind... guess was correct.
250,000,000 Authorized shares (Taken from last 10Q), divided by 25 will give this a 10,000,000 Auth cap, should this RS come forth. Obviously 10 Mil will not be all sent out to graze but imo possibly 50% at best. 25 x ? price upon merger completion will dictate what the going pricing will be... Should this close near $1 by the time merger is finished, pricing will be epic even with the RS imbedded, but here is the kicker... the RS might not even happen. Share reduction amongst the two companies and valuation might dictate no need once merger is complete and name is changed. It could move to $4 - $5+ on it's own.
Huge potential here... though the RS is hard pill to swallow, the valuation is what will keep this afloat.
Of course this is all jmo, but the big picture is already drawn.
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM