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Thursday, March 31, 2022 7:24:08 PM
If I had to "guess", I'd say they got the ok from the SEC today, decided to push their 10k back, announce TYDE tomorrow, or Monday, and let the thing run with the 4/14 option chain. That way you raise your stock price, your retail investors are happy, and in July you raise some funds to continue to grow. Oh not to mention a well-timed gamma squeeze...
The 10k may be unflattering because they are spending money like crazy, growing like crazy, but still the books won't look great.
Tyde is happening...but shareholders are left speculating when. I would think it makes good business sense to use that juiced 4/14 option chain to both the company's and shareholders' advantage.
All my opinion and speculation...
I can only provide my own speculation and theories. Everything I post is my own opinion. DO YOUR OWN DD!
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