Friday, April 29, 2022 8:54:07 AM
Somehow I missed this 8K the other day, they are acquiring about $11M dollars in property, this will then exit shell status.
However, looks like these are both cash and equity deals( additional shares being issue).....if thats the case they need to get the price of this WAY up by the day of the appraisal, so they issue fewer shares
.15 cent shares is not going to work, they would have to issue around 53M million shares @ .15.......yikes...!! Get the price to $1.00+ and it makes it far more palatable, only around 8M additional shares.
https://www.otcmarkets.com/filing/html?id=15743927&guid=dlqwknXj9hNeJth
However, looks like these are both cash and equity deals( additional shares being issue).....if thats the case they need to get the price of this WAY up by the day of the appraisal, so they issue fewer shares
.15 cent shares is not going to work, they would have to issue around 53M million shares @ .15.......yikes...!! Get the price to $1.00+ and it makes it far more palatable, only around 8M additional shares.
https://www.otcmarkets.com/filing/html?id=15743927&guid=dlqwknXj9hNeJth
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