Namliong SkyCosmos Inc (NLSC)

[FatFatCat]

I disagree somewhat. Yes the RS sucks emotionally. But look at what is going on:

- the 14c strongly implies they intend to uplist, and I don't think he means OTCQB or QX.
- the 14c says they have no plans to issue new shares into the OS

To uplist to NYSE you have to be at $4, and $5 for the NASDAQ. When the pps was .045, with a 1:100 split that make the pps $4.50, right where it needs to be. All other things being equal.

Also, that is assuming everything remains equal. We know he is merging in 3 substantial entities. My read here is not that Wong is trying to screw current shareholders but just that he continues to execute his plan. I like his plan, but yeah the RS stings a bit.

I believe we're all perfectly fine. Yes I am taking advantage of the cheapies to average down and get as many shares as I can.