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Sunday, January 30, 2022 8:22:55 AM
“have huge accumulated debt” - the company has NO significant outstanding debt on the books. After educating themselves on NASDAQ tiers and criteria and then on S-1 filing steps, one may need to read about the difference in debt vs accumulated operating deficits ;)
What will actually happen is that immediately after the R/S (as in the next trading day), we will have a debt-free lithium company with up to $17,000,000 cash in the bank raised from the IPO trading on NASDAQ or NYSE at a laughable market cap of $23M-$28M… At this point, it will be on the radars of real institutional players as well due to EF Hutton curating their up-listing process… if one thinks that they somehow will be able to get shares CHEAPER once this happens rather than now, when the fear and lack of understanding of what is happening is abound, please be my guest ;)
I am getting all I can BEFORE this happens.
BMIX
This post is my personal opinion. I do not provide investment advice.
ImOnABoat
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