Logicquest Technology Inc. (LOGQ)

[illegal_alias]

I've sat on this one for years. Been following it more closely since May when it bumped up in price and an article at SeekingAlpha alerted me to what is in store. While the O/S has bumped up to 100M shares, the transfer of assets from Coyni before the spinoff should put the book value at about $2/share.

The planned offering of approximately $40 million with a NASDAQ uplistingis based on an estimated valuation of $200 million for Coyni’s assets and merging of other revenue sources. The Company has not obtained an independent third-party valuation of coyni. The Company is evaluating additional details regarding the spin-off and offering and will provide further information when available"

https://www.globenewswire.com/en/news-release/2023/5/1/2658260/0/en/RYVYL-Engages-Kingswood-Capital-Partners-LLC-as-Placement-Agent-for-Estimated-200-million-coyni-Spin-Off.html

It appears that the price is right at these levels and that very few people are currently aware of this opportunity.