Naked Brand Group, Inc. (NAKD)

[beenhadbefore]

JOHNNIEBG have to admit you're right on the money. NAKD would have to pull off the incredible to make this price work. In the merger agreement page 5 NAKD has to do the following:

"The five-day average trading price for the five consecutive trading days ending on (and inclusive of) the date of the Closing (after giving effect to the consolidation of share capital of NBG completed by NBG Shareholder Matters) will not be less than US$5.00 per NBG ordinary share."

So, a reverse will be required without the fake short squeeze this will be impossible. So, all my share are converted to cash. I will continue to follow it nevertheless.

These steps will be required.

A. $5 listed price.

B. Follow on financing on a major scale (in the billions) will be required to make this seem real and this nickle dime capital raising is to stupid to be playing with this deal right now.

I want to invest not gamble.

PS: I did make money so thank you