Wednesday, February 03, 2021 10:57:18 AM
<< Anz will exchange a collection of properties which he has valued at $630,000, in return for a package of stock and warrants... >>
What, exactly, are these "properties" and why do we want them? I assume that they are already leveraged up to the hilt. At least they are not costing anything, other than the extra electricity for operating the printing press on the night shift. We'll get another massive dilution, of course but nothing that another 1:50 reverse split can't handle.
I personally have a bunch of properties that I have determined are worth almost $1 million; at the present time, I might be willing to exchange them for 15 million shares and a bunch of warrants. Then, I can dump them into the market like Mr. Anz is going to do, monetize my worthless properties and claim a capital loss into the bargain. Sounds pretty sweet.
Recent OCLN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/08/2023 10:27:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 07:36:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/28/2023 07:34:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/25/2023 07:21:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 09:20:48 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM