Simply Inc. (SIMPQ)

[jamesnames]

Nothing negative has happened since the merger announcement last July, nor since recent equity deals, so it seems almost certain that the debt will be converted to equity in the 6 to 12 dollar range (probably 8 to 10), and any new equity raise will likely occur in that range.

Throw in the fact that a fresh new name change is imminent, as well as the fact that with Apple as their partner, you have a strong chance of attracting lots of buying interest when they make their PR push in the next 30 days, the outlook seems great. What they are doing is not dilution, as this has been the stated plan for 10 months, and they are following their plan. So, unless they are unethical and retire debt in the 3 to 5 dollar range, then it is almost certain that once they line up these final ducks before making their huge business plan push, that the price will blast over 10 dollars, as that was the dumbed down merger price, and everything has gone according to plan since then.

Should explode higher any day. This company has lots of people watching it, and once the price starts to move, we will see some serious herd like behavior, as the price gets pushed higher and higher.