Phoenix Rising Companies Inc (PRCX)

[zez04]

As I read the last 10K, it shows the following statement which is very important.
"As of September 30, 2021, the Company does not have control of Wandi. As a result, the Company determined not to consolidate Wandi and recorded share issuance for acquisition of Wandi as a subscription receivable for $24,522,000, until the common shares of Wandi are delivered."

The 60M shares have to be delivered back as the Wandi deal is off and until that happens we will continue to see the after hours T-trades as the shares are being returned back.

There have been T-trades pretty much every day since Jan 1st. One would think the 60M shares have to be delivered back very soon.

IMO. If the company announces via PR or filing the cancelation of these shares, this will cause a huge jump in price. Especially, if these shares were shorted. Some of the MMs, I see on this daily are known for this.