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Re: trender18 post# 382

Tuesday, 12/18/2018 8:11:24 AM

Tuesday, December 18, 2018 8:11:24 AM

Post# of 730
If you read the transcript of the join conference call that CPT and INUV held (back when the deal was announced), it seems pretty clear that CPT already had the funding at that time. They talked about the abundance of institutions interested in participating and how some of those institutions were up in Canada, where the CPT leadership is from. I think they have the IPO all lined up, pending SEC approval of the S-1.

IMHO there is zero chance that they would sign a deal with a $2.5M penalty if they didn't already have all their ducks in a row.

Certainly this deal is moving ahead. And I think they have buyers lined up for shares at the price that makes the deal fully valued. I'm not sure I would pay that much myself. But the deal is going to get done. And there is such a vast difference between $1.16 and $2.22 that this has a LOT of room to run in the next few weeks.

And they also gave hints as to the timeline. They have submitted their S-1 to the SEC and the buyout will happen just as soon as the SEC gives approval. My guess is that we are looking at most at 1 month.

So, what are we talking about here -- maybe 40 percent or 60 percent return in 1 month? So silly that people are out there chasing pinksheet dreams when there is this sort of money to be made. Not a "10-bagger," but...


I am obviously NOT an investment advisor.

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