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Re: javi2003 post# 19206

Friday, 08/07/2020 10:48:25 PM

Friday, August 07, 2020 10:48:25 PM

Post# of 19446
What would be a reason to merge an empty shell SPRL with BFCH?
Makes no financial sense. Buy the shares of two companies and combine them into one? That would be an incredible waste of money.
At the same time, both SPRL and BFCH move in tandem most of the time, with SPRL often being a few days late. For now anyways. Also BFCH has 200mil, SPRL has up to 1500mil shares. Adjusted for the amount of shares, SPRL's trading volume is also much lower. Not sure what Spencer has in mind for SPRL, but currently BFCH has a lot more going for it. There are financials, lawyers, plans, miners, etc. SPRL has nothing yet.

Just a crapshoot.
Do your own DD.