Thursday, April 20, 2023 12:41:20 PM
Strange!! 18 month and now the biggest shareholder (wonder who that is - Silverbear?) states, that the 449 million were never issued. Bogus! No one really knows whats going on there.
On the positive side - they are still reporting and keeping this pink current. And the balance sheet shows a very clean shell. No debt etc. They should just find another GOOD merger company, because the share price would jump fast (still 6 million float) on any such news.
Best would be to cancel this acquisition and also the 449 million preferreds, which has been given to beneficial shareholders for it, and start searching for another good merger candidate. I am sick of this lame duck.
I am stuck in this one. And I will not sell a share of my 800K position. Not at this prices. Either it comes back or goes under with me.
On the positive side - they are still reporting and keeping this pink current. And the balance sheet shows a very clean shell. No debt etc. They should just find another GOOD merger company, because the share price would jump fast (still 6 million float) on any such news.
Best would be to cancel this acquisition and also the 449 million preferreds, which has been given to beneficial shareholders for it, and start searching for another good merger candidate. I am sick of this lame duck.
I am stuck in this one. And I will not sell a share of my 800K position. Not at this prices. Either it comes back or goes under with me.
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