Tuesday, November 02, 2021 1:51:25 AM
You have more than 1 thing going on here...there and everywhere
My assumption 190 million are covered by a outside slap from another SS. With wavier's you could get GWAC to $1. You are sitting at $3 right now.
The SPAC BIG shorted 49990 $124,000,000.00 is his/Her payment or Capital to buy.
32,000,000 boat coming in. Chances are at least 2-3 big's there if there is a 10:1 to 320,000,000 will have to cough up at least 190,000,000 to get under 5%. That keeps the price under $2 if GWAC is taken to $20 for the $1 price.
Merging and spinning not only TRUTH (SPAC) but a 90 Million share Bank and 500 million share Trust that has a 9 Million (15.4 Billion shares 1711.56) shares Credit Union coming from the Venture attached. THe parking RV the PPS.
The Bank has to be separate because of rules which I would assume apply to the Credit Union, Trust and Venture also.
Same Corporate different share classification (A,B,C,D,E,F) etc. Maybe and or attached at the hip. Hip attachment would be the 30,000,000 below.
You are left with 10 certs worth 10,000,000 shares and a payback of 30,000,000 shares and 2,000,000 shares in divvy's associated with the 32 Million boat coming in F/S 320,000,000 boat.
If you also plan on spinning the MMJ Industry If the 10 certs stay you chase them in in the Corporate SS to $99999,99.
10 X $99,999.99 = $999,999.99 / 10,000,000 @ $10 suggestion in filings suggest $1. So pps of $10,000.00 Gives you a 10,000,000 A shares @ $1 30,000,000 flip side payback stays at corporate to replace 30 million of the 37 million split out. Never to see the light of day again. 7 million along with 2 million restricted certs are hedged at a Amazon want to be Trucking and Logistic company...the other factor.
Add to that 2 Million more Divvy IOU's that could find there way to a Nasdaq ready and Crypto wallet and other non conventional IPO's. That one might have a $5-50 Trillion price tag and Gold Backed. GOLD/Real Estate REIT 250 m each 1/2 and another Trust from another mother.
You really don't think shorty is going to go into a merger like this without their backs covered do you ?
10 days of Darkness to Light ...shit could happen in the Dark. Giving those partaking only 1-2 days to clear to below 5%...Don't be coughing up any hairball to jump over.
So in short you are left to clear 10 certs in 30-90 days Again do you like $99,999.99 ... as Shorts can't go into a Bank, Credit Union, Venture etc... they have 30-90 days to clear if they do.
lets just say $1 to $10,000.00 for shits and giggles at GWAC
So there really aren't shorts of any significance that aren't covered
I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...every thing I say is of my opinion. I'm not a good place to get investment advise...
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