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Re: vv1095 post# 11459

Friday, 12/31/2021 11:51:28 AM

Friday, December 31, 2021 11:51:28 AM

Post# of 19605
Yes they can issue up to $500m in shares
We may issue securities from time to time in one or more offerings of up to $500,000,000 in aggregate offering price. This prospectus describes the general terms of these securities and the general manner in which these securities will be offered. We will provide the specific terms of these securities in supplements to this prospectus. The prospectus supplements will also describe the specific manner in which these securities will be offered and may also supplement, update or amend information contained in this document. You should read this prospectus and any applicable prospectus supplement before you invest.


. A traditional JVP is not going to happen. It has to be a controlling interest where as the cash provided can right the sinking ship with out a concern which will provide a massive short term return for the investors. A press release comes out that XYZ has agreed to buy $350m in common stock this goes up 400% soon after. Then they simply feather out / sell the shares over a couple of years to recoup original investment & then some. The CEO said last spring the Company needs a new mill / equipment to become profitable due to the very low grade ore they have. The new processing technique was an utter disaster as we know. So the CEO was honest at what had to be done. Massive dilution and voila an 8 month sell off that will continue into 2022. I am biased because that is what I would do. This is not a lot of money when the investment is spread out between 15/20 investors. Not much longer? I am thinking once it gets to the $0.40’s the news comes out?
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