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Re: None

Wednesday, 08/19/2020 1:21:31 PM

Wednesday, August 19, 2020 1:21:31 PM

Post# of 42621
ANAS(.015)...Lazar shell setting up nicely......

From an overall standpoint, the risk/reward on this Lazar shell looks extremely good at this price level. Either Lazar (at the time he took control of the shell) or the previous management removed/eliminated issued preferred shares that would have made the fully-diluted share structure somewhat less attractive for a reverse merger.

Now with 8+ months of churning around this 1-2 cent area this shell appears to be setting up for some potentially nice gains. Quite a few of the Lazar shells have seen multi-million dollar valuations on the original legacy share positions. And some of those legacy valuations on his shells recently have been extraordinarily high.

So I think the chances of seeing prices somewhere in the 5-10 cent range could be excellent. And a price target in the 10-20 cent range would not be unreasonable depending on the quality and market reaction to the incoming RM and management team.