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Monday, August 24, 2020 9:55:54 PM
Extremely well put.
Bodach
I find the collateral speculation to be more accurate because mine stocks are much different than every other stock. They already know what it's market cap is going to be at a minimum. They already know. It's not some app that will need more funding because it might be a great idea. It's not some biotech that will need funding during it's plans for FDA trials. It's not some great new product that will need funding to launch and produce and distribute with the hope returns will turn profit.
It's a pile of money in the ground that only needs confirmation. Collateral is the name of the game. The need to dilute while also knowing there are billions that already have your name on them -- makes no sense.
I wouldn't be in this if it wasn't this situation. Every other reverse merger has this problem to deal with. IMO, we don't.
They know what they have can meet market cap for uplisting with current SS, imo. They know what they have can meet even the high minimums in PPS for all institutions (about the $5 point) in our current SS, imo. This is what I've deduced. I could be wrong, sure. But I don't think so, and that is why investing requires some fortitude. Especially where we are now, with a stop sign still, not even complete transaction, not even complete N1 or fire assay, and pink sheets. That requires fortitude; and trust in the DD. And that's why the rewards are so potentially high.
Because they know what's in the ground, they didn't need to waste money on an IPO. I think we have a very unique situation here because of what I've listed above. And that's my opinion.
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