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Tuesday, August 15, 2023 8:50:32 AM
I doubt it. The BNIX PR yesterday for yet another extension still keeps the lid on today's announcement.
They should have waited until the BNIX and EVIE deal was signed. The fact that it hasn't still hangs heavy on fear that it will not. Then, what would BNIX do with its new purchase.
BNIX only has 5.5 million O/S. No announced A/S and yet, GTCH, supposedly, is limited to only 5% of the supposed BNIX/EVIE deal (cheap for a key ingredient?). Just how many preferred shares does $42.5M provide GTCH. Convertible to common shares?
Such unknowns kill any chance that this PR will have an effect on the pps today.
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