MOR Thoughts:
There isn't much to find on MOR. It was founded in 2019. They couldn't have gotten that far as a startup. I get the impression that this is about some SAAS software they developmed more than anything and a capital raise. A whole restructuring of debt and an uplisting in an unorthodox way. All in one! It seems very high finance to me and thinking outside the box. That's my impression.
Why does MOR get 72%? I can only speculate. There are no hard facts to anything I'm saying here. But I suspect it's more about a capital raise than anything. But upgrading at the same time, meeting minimal capital requirements and all listing standards for a Nasdaq reverse merger, which they've been planning for, for a long time I think. You have a capital raise in February of 2020 from MOR going on in the background, seen in a filing in with the SEC. They raised over $2M from investors, and still had more shares to sell. So those are investors with a lockup period when it goes to Nasdaq, in theory. And that's good. And the combined entity is expected to have $10M, so I'm sure that includes what HLIX already has and is forecasted to have, since they have reached positive cash flow last quarter. It's like a way to refinance, capital raise, and upgrade, and new patented software, all in one.
I don't think MOR could have much in sales, if any, but I could be wrong. I just see no footprints out there. The sound of crickets on that matter in the PR reinforces my feeling on that in my eyes. Because if here is something to say, they'd say it I think. And it is *possible* Vincente Fox could be one of the unnamed directors expected to come on. I wouldn't rule it out yet. We'll have an expanded BOD. 11 or so if memory serves correct. It sounds like it's going to be better looking than KERN is right now, but fully integrated and ready to roll.
That's just my impression. They can start buying things the way KERN did with all that cash, but they won't be burning cash the way KERN is. I think this is a pole vault to KERN. A surprise attack. A puoncing, and Jessica must be speechless right now
Again, just all my impressions and speculation. Again, analytics is the focus, so I really feel like Garvis Toler, that came on last year, when MOR was founded, must have been a huge influoence here. I bet this was in the works for a long time, and that's the directon Garvis has been steering this company. Being the former head of capital markets, that just seems what's written between the lines to me. They dumped the Guard to go software, higher margin business. A technology focus, and I think technology and vested directors and cash is more of what MOR is all about, rather than an established business with revenue at this time. That's my hunch. I do like it. It's very intesting. I want to see how the cards fall here.
I don't think I personally would want to venture out past .21 as a buyer. I just don't know enough to say . I feel very comfortable with .21. Since I have 5,000 shares ,I want to be greedy and catch things below that IFFFF I'm lucky. I know most investors have the attention span of a gnat, especially the ones that invest on this exchange. But when we are on Nasdaq, that will no longer be the case.
I like this... And again, for Zac and the others to give up control of the company, taking a backseat yet retaining their respective rolls, tells me they believe in the accretive power of this deal, and a way to Leapfrog over the Queen of Carthage.
