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Wednesday, June 10, 2020 4:09:05 PM
https://twitter.com/RnwfMerger/status/1270795147043909634?s=19
1. RNWF is a very clean premium shell. This means they paid higher then normal to purchase this shell.
2. Someone before the RM was announced bought an estimated amount of over $500,000 dollars worth of shares. Why would someone do that if this was going to fall flat or be some junk OTC company to be merged in? Buying that many shares before hand is absolutely a huge thing to take note of!
~ Today 06/10/20 We found out who has a little over 88 million of those shares!
https://www.otcmarkets.com/stock/RNWF/disclosure
~ For those who believe an R/S is going to happen even though they have already said no R/S will be needed. Why would someone buy over $500,000 dollars worth of shares if an R/S was going to happen? With today's 06/10/20 amendment filings it confirms my theory even more that an R/S isn't going to be needed in the near future either, if ever!
3. With that said...What ever is merging into this ticker is going to be something not to sneeze at, at all! This could easily be pennies to double silver+ runner!
4. Remember that after the CE is dropped it may take a couple of days before the news/PR is announced of who the merger company is. Then that's when we will be off to the real races here!
5. Something to be noted is the changes that were made in the recent amendments were very minor changes that will not put RNWF back into the 30day time frame. The 30 days has already happened for this ticker.
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