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Re: zombywolf post# 19454

Wednesday, 08/10/2022 3:55:02 PM

Wednesday, August 10, 2022 3:55:02 PM

Post# of 34263
Exactly - almost right where it was (I think it was 4?) before LOI. What's intriguing now though is that at that time, the SEC fine of Plandai still hung over their heads - it would be cancelled a month after the LOI was announced. So to me, it was in a weaker position then when it was at .0004. On top of that, also a month later, on June 20, they hired Hudgens to conduct independent audits for the previous two years. Those two things weren't in the picture prior to May 23 and the LOI. Yet, here we are, back at that price. You can argue they added 300 mil shares - that's fine - the OS is still very manageable, and the AS remains at 11 bil.