Reverse Mergers & Low Float Plays

[Potse]

VBIXD(.51)...Gix Media expects $80-90M 2022 revenue......

Added some more shares to my position both before and after the 1:28 reverse split. Risk/reward looks somewhat interesting down around this 50-80 cent price area. The incoming reverse merger target (Gix Media) did a little over $43M revenue in the first 6 months of this year, and the June 2022 (page 19) presentation below has the company providing guidance/expectation of $80-90M revenue for fiscal 2022.

I'm still not completely sure what the final post-RM share structure will look like. There are a few complicating factors (like whether some high-priced warrants get exercised, exactly how a loan to Gix's parent company will be repaid, etc.). But if my rough calculations/guess is reasonably close, I think the shares outstanding will probably be somewhere in the 12.5M to 18M range (my guess is that it will be roughly 15M).

https://mayafiles.tase.co.il/rpdf/1457001-1458000/P1457040-00.pdf