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Re: AFBallin post# 17185

Monday, 11/22/2021 5:22:18 PM

Monday, November 22, 2021 5:22:18 PM

Post# of 28548
I don't think dilution is the goal at all. From what I can see the reason for the RS is simple. They cannot attract serious investors on the OTC period. There is no institutional buying down here in the trenches. Take a look at the updated public float. The increase in outstanding shares on the public float has been minimal and I was suprised because I thought they were dumping like mad, but it was just a bunch of penny flippers the entire time cutting loss. Once they get to NASDAQ what I keep telling everyone is you can hedge with PUTS once options trading opens up. If they can market the initial public offering well or time the publication of the press release detailing Asia Pacific Logistics the IPO could be high volume and squeeze. I am not saying its a guarantee or even likely but it is possible. But I honestly don't see this company trying to use the RS as a jumping place for more dilution. Will they do an offering at some point later afterward? Of course. What remains to be seen is just how serious are they going to be once on NASDAQ in being successful and attractive as an investment. I could care less right now what's happening Ive got time.
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