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Re: Copo111 post# 46894

Wednesday, 05/19/2021 2:23:24 PM

Wednesday, May 19, 2021 2:23:24 PM

Post# of 52595
A/S is increasing to allow for capital generation for expansion once the merger is completed. This is normal and the main reasons for the R/M in the first place (Sleep-X wants access to capital markets and this R/M is the way they will get it) Yes it's probably going to affect the price...but what you have to keep in mind also is that it won't likely do that until well after merger is completed and announced...which means pennies for this ticker before any worries of dilution. Don't forget, Sleep-X was once reported to be valued at $30M so we get that market cap in this ticker immediately after merger is complete and not even considering the expansion of their product into new markets which should drive a large increase in revenue and bottom line impact. Market Value here could skyrocket if the product takes off in the larger markets of US and Europe. Its a very good product using modern technologies to tackle and age old problem of sleep disorders related to breathing issues. It's no-intrusive and low cost to get one..works with your phone..so it's portable (all unlike CPAPs)
Again...do your own DD but this stock has pennies written all over it in later summmer
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