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Re: bootsagain post# 6602

Thursday, 03/28/2019 6:20:57 AM

Thursday, March 28, 2019 6:20:57 AM

Post# of 8201
Boots,

The company you once invested in is no more.
It has been taken over by Mr. Arcaro.

Arcaro will likely clean up this ticker, bring it to pink current status, and sell it to a company who is interested in going public; creating a reverse merger play.

Yes, there is still a bit of a dice roll. The candidate for the reverse merge is unknown, as is if they are profitable and what their intentions for the ticker are. However, I can assure you that this is a better direction for Biophan than what has been the normal.

The news of a reverse merger, likely months down the road from now, alone will cause this to run much higher that it's current PPS. Depending on the merge it can run extremely high and maintain some of those levels (take a look at NUGS as an example, another Arcaro "play") or it could run high and fall back flat (such as CYPE, even though it rocketed up to the .60 range). Some mergers can be huge. Just depends on the company merging in.
The news of a merger is often more exciting and drives the price up higher than the actual company merging in itself.

I previously expressed my opinion of averaging down your .14 even further, if possible. I believe there is a good chance it will hit .14 again, but you will want to be in the green - not settling for breaking even on your investment.

It is a roll of the dice, though, with a much better potential and chance for upside than many other pinkies I could be throwing my money at..
Because one thing is for sure; there will be a merger candidate.

You will be seeing a lot more faces show up here in the next months.
Best of luck to you, boots.