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Friday, January 15, 2021 1:19:15 PM
CPM-- I see the numbers slowly rising as well. It could be either people thinking as we are who want to poke the bear, or anyone trying to start the beginning of a market for Canning Street stock..
I have read over that awful document filed with the sec that "explains" what they did, but for the like of me it is very hard to follow and, at the end of the day, what I think I am seeing is a company that has been set up explicitly for the purpose of taking all the headache out of doing an IPO.
They have fashioned some entity, soon to be revealed, that simply says to the right candidate "Here we are, ready to merge with you. We've taken all the expense, headache and bureaucracy of going public out of the way and you can be a public company, selling your shares.... depending ONLY on how quickly you can satisfy the listing requirements of your desired board.
If I have this right, and I think I might, I think its pretty slick.
Reverse merging into a shell is a popular way to get listed ,but Cutler and Green have honed it down to an artform. They're not going to be satisfied with just any company either. This is why I am sticking around.
SPock.... even if I.m wrong, I expect to learn some very valuable information which I will use to my investing advantage in the future.
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