InvestorsHub Logo
Followers 56
Posts 6458
Boards Moderated 0
Alias Born 10/01/2012

Re: wickw50 post# 27206

Wednesday, 03/09/2022 12:38:48 PM

Wednesday, March 09, 2022 12:38:48 PM

Post# of 31925
I read the token articles. What I found relevant to us: 1. The tokens are not connected to the shares. 2. Tokens are an easy way to raise needed cash outside SEC regulations. My assumptions: 3. Tokens would spread the risk / reward among many more investors. 4. Because tokens trade 24/7 our share PPS probably would eventually follow the token's performance? On Twitter the Emergent spokesperson said "First the company has to remove shell status, perform an audit, then file a 10Q, then it can apply to have a ticker change. It takes a LONG time to apply for a ticker change." Except for the ticker, all these things would have to be done before any registration of financing through a share sale, IMO. And because they are reducing the A/S, it limits financing thru share sales anyways. Also, from twitter last week- (paraphrased) "There is a plan to use the "NUG" but no plan to use the "ECO" yet, the incoming co. would have to decide what they want to do with it". So, I assume N*GN / NUG will be kept but ETEK could still do a ticker change with or w/o the "ECO". Hope I got that all right, GLTA HB