Right now it's way under the radar because of the focus on COVID-19 stocks but once the air clears, this will get some great attention imo
Very nice merger news announced yesterday with a company doing $3 million in annual sales (see links)
Within minutes after the news came out, filings hit to go current showing only $485k in liabilities and $5.1 million in hard assets, that's $4.5 million in positive shareholder equity on top of a killer merger coming in
The TA updated the s/s on March 6th with unrestricted shares barely over a billion, shares held at the DTC are just over 800m, and last float was at 32m about 9 months ago
Even though the o/s is high, 85% of the commons are held tightly by management
The company has a ZERO r/s history, never touched .0001 (52 wk low .0002), and the highest volume day ever was only 83 million shares
Definitely imo worth grabbing a few shares while it's in the trips. Great merging company, great chart, and great balance sheet!
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