Good Questions, Candelero.
As I've said before, Candelero is a straight shooter. The one you guys should be listening to. He isn't showing all his cards, like me. Shhhhh. You and PHUN have the IQ to know who I am. Let's keep that on the down low, shall we. ;)
That's a good question. I don't like people if they are not aligned with my interests. I'd like to know who those shares went to as well. I'm not so sure PHUN knows. I have a suspicion that in some ways, PHUN founders were manipulated and exploited themselves. And they are very intelligent. PHUN here, besides Candelero, is the best source of information and is a straight shooter. PHUN is biased, but that's normal. I like PHUN's interests now.
An interesting SPAC to me that can be compared to PHUN is KERN, Candle. KERN is a high growth cannabis industery whereas PHUN is in high growth crypto/coin scene. Both exciting stories. I feel like the founders of KERN are being manipulated and exploited too by high finance Wallstreet types. Just a theory that seems to fit the facts to me in both cases, and others. KERN is MJ Freeway coming through. They experienced the same high price, crashng down now. And warrants exercisable next week at same strike. At least, in theory.
They keep following the same formula. Just like a pump and dump, only the victims include founders whereas the founders are usually the orchestrators. At least, that's my working *theory* at this time.
KERN has 1/3 of PHUN's sales at this time. Yet, KERN is at $14. Will KERN eventually find itself priced 1/3 the value of PHUN? It should be. HLIX is their direct competior and a KERN at $5 would be equal to HLIX's market cap.
Do you have a price that you like for PHUN, Candle? I put a price of $2 for July 4th weekend, but came in at $2.70. And my next price is $1.50 IFF it is offered.
