Thank you, I don’t play the markets with the need for luck though.
Plenty of strategy here for me. Plenty of reasons that $LIBE will have added value post Reverse merger that gives me confidence this will be an easily obtainable exit point for me to start at. I also don’t see it being a long wait either.
I truly do think that when people begin to read in between the lines of the industry and realize that key factors like and IPO for a nicotine company is not exactly an easy item, or how Big Tobacco wants a foothold into vaping lounges, or how New vaping tech now has long lines to get approved, and on and on.....
Well if Cigawatt becomes public the tier at which they trade won’t matter when it comes to big tobacco seeing the possibility of what a mere handful of change will get them very quickly. If I was say Philip Morris and losing billions of dollars annually to vaping, I’d be quick to scalp a public entity’s shares if they had a vaping foothold. What will that cost post merger? Once it’s official? No longer just a possible but an actual publicly traded vaping lounge entity with retail locations? With product in place. With it all right there and all the SEC red tape to being publicly traded sliced through already?
Let’s face it .01 for 3 billion shares plus a few hundred thousand to clear any notes away? What’s that? 30 million or so? They are losing that weekly by NOT having a vaping foothold that’s thru the red tape already.
So sure they aren’t buying it up now because it’s hype, but in weeks it will be officially the first ever publicly listed and traded retail vaping lounges with a vaping line and customer base. And hmm ya think the Midwest is just a small spec in the industry? The Midwest small towns sell more tobacco and vaping items per capita than any big city in the US.
But sticking to nonsense and a closed box some may never realize this potential is really there. But it is. And .005 hitting after the hard close is near a guarantee, it hitting it before hard close is a strong possibility, it hitting much higher afterwards is certainly a strong possibility as well. Will it drop? Sure, but not nearly as far as some may want to believe. Certainly not back to these levels.
Remember added shares due to dilution are greatly reduced the higher the price per share is at the time of the conversions. And the next note doesn’t even convert until the END of May.
$LIBE
AI
