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Re: declaes post# 46444

Monday, 03/27/2023 1:43:57 PM

Monday, March 27, 2023 1:43:57 PM

Post# of 49915
No outsider knows when they will split. They have to finish with the asset liquidation for secured debt first I suppose. Maybe you have an option that would make the regulation "A" offering viable at three times the current market price, with the current share structure, and a market that is giving up very little liquidity. They will need a trading price well above the offering price to attract any investors. It appears that soon they will own nothing but shares and a story that draws little interest.


The SEC is widening its war on toxic funders
https://www.linkedin.com/pulse/sec-widening-its-war-toxic-funders-steve-taylor/

...Reg A shares are immediately free-trading. That makes it much more attractive to many investors compared to restricted securities sold under Reg D exemptions, but it also is definitely more attractive to those looking to make a quick buck by breaking the law. ...

...To make money on their toxic convertible loan, these funders require volume to dump into. Lots of volume, because they have a lot of stock to sell. Thus the need for lots of promoters, most of whom are non-disclosing as telling the public they are getting paid to pump, and who paid them to do it, would scare even the most die-hard penny plunger away...

Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..

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