Beyond Commerce Inc (BYOC)

[countingmymoney]

You are right, I didn't specify a timeframe. I should clarify that I don't expect that this will or should happen before the lawsuit is settled. Doing so before is not a likely move as it would simply allow the stock more room to fall during this "lawsuit limbo" and unless they're about to attempt to buy their way out of this jam by selling equity, there is no point to it. I don't think the settlement will be about a short term payment anyway as I frankly don't think they would be able to sell enough at these levels to make the lawsuit go away. There just isn't enough value currently. It don't think a RS is likely before they announce closure of the Electric Built deal either as ideally you would do a reverse split when you have an appropriate market cap to pricing ratio, and that's not in the triples. I wouldn't be surprised if it happened within a couple quarters of the merger though, especially if they get to .005 or so. That's probably when the market cap is right and it starts to make sense. Getting to that price could happen in a hurry down here as you know. This whole theory assumes they are really trying to make an effort to do a market shift into electrification. To do that and raise capital in future years will be easier if they fix the share structure. I mean I guess they can sit down here in the triples and claim success if they get back to the singles, but I think they are up to something more.
I can assure you that no one is telling me what to type and I'm not an insider with any more information than anyone else, so others should take my comments as opinion and not advise or company messaging. I've been trading for about 25 years but I will admit to only dabbling in the OTC area off an on, albeit for a decade or more. My opinions are based on my observations of similar mergers of struggling companies and I've certainly been wrong before. You are correct that I have a small position. I took a 50 million share position in BYOC when they invested in CityFreighter and have been watching it slowly fizzle like everyone else due to this lawsuit, but what I'm looking for now are signs that they have a plan and that this merger is a serious thing.