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Re: Steady_T post# 103406

Friday, 10/28/2022 10:02:02 AM

Friday, October 28, 2022 10:02:02 AM

Post# of 113384
In my humble opinion with decades of real life and trading experience, it makes zero sense to buy any of the Yotta securities until after the merger is completed and wait a few weeks.

There are 4 things that need to be addressed which I don't believe are being discussed but should be.

1. If John Fife converts, you can buy Yotta lower. I would think there are some discussions to take him out.

2. What will Q3 numbers look like. My guess is UGLY.

3. Yotta SPAC is very illiquid compared to SHMP. See how it trades post acquisition before buying.

4. If you look at the bonus numbers for 2025 which the probability of them reaching that is not great, they have set $30,000. That means the company right now If somehow that revenue number is achieved is trading at 4 to 5X 2025 revenues or about 40 to 50 times 2025 earnings if by some miracle they are showing a net profit by 2025 That is extremely rich for a food company.
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