Wednesday, June 29, 2022 8:55:03 PM
But, none of that matters. The stock is illiquid as it sits. The PPS and volume over the last year or so have been horrible. The underwriter and clients are going to know that, and will set their offering price per share accordingly and ensure it is a very nice discount to the PPS established by the RS so they can ensure a profit when they dump those shares into the market. The information I included bears that out. Anyone thinking they can ride through this and expect a profit afterwards needs to review that information for themselves.
I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
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