Thursday, June 24, 2021 11:41:49 AM
https://www.reddit.com/r/pennystocks/comments/nw70x2/fcgd_custodianshipreverse_merger_big_potential/
Posted byu/Critical-Editor-9557
14 days ago
FCGD custodianship/reverse merger- Big potential
DD
As some of you may know custodianship reverse merger plays are hot right now in the OTC market. One that I believe is at a good entry point (under .002), upcoming catalyst and decent share structure is $FCGD (First Colombia Gold Corp). Alpharidge Capital, LLC was granted custodianship on 06/06/2021. They have had success on other custodianships so I believe we could see a successful merger here. In my experience these are the plays you get in on early and hold, riding them up into the pennies. This is a high risk (stop sign) trade so I wouldn’t go in more than you are willing to lose but the potential for a big reward is there.
Reverse merger steps:
Custodian Appointment completed on 06/03/2021 (completed)
Custodianship Granted on 06/03/2021 (completed)
Reinstatement (upcoming catalyst)
Filings (upcoming catalyst)
Next Attorney Letter / Audited (upcoming catalyst)
Pink Current (upcoming catalyst)
Prep Ticker for Merger (upcoming catalyst)
Find Merging Candidate (upcoming catalyst)
[-chart]preview.redd.it/11hsthhn6b471.jpg?width=906&format=pjpg&auto=webp&s=11361ab3070efc5a2a6218f3277bafc65dff6785[/chart]
[-chart]preview.redd.it/w2oq1sfx6b471.jpg?width=480&format=pjpg&auto=webp&s=92d391e72d821ffdc735f61357e752de0779741c[/chart]
Custodianship Granted
[-chart]preview.redd.it/65rwfhx07b471.jpg?width=480&format=pjpg&auto=webp&s=46af1b945af3375fe703996e41251daf83bf79cb[/chart]
Official File- Custodianship Granted
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