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Re: powerbattles post# 28522

Thursday, 01/11/2024 3:28:10 PM

Thursday, January 11, 2024 3:28:10 PM

Post# of 28548
Earnings are due on Monday. They could file an extension, but that grace period would only be 5 days. At this point, they have basically given up on trying to support the share price while its listed on the OTC, and are content to wait for the uplist. Speaking of which, Edify has a vote on Jan 19th to extend the time they have to SPAC up UNQL until July 24th. Given how far behind the 8 ball this process is, it makes you wonder how competent the people are at Edify. The vote is a formality, but they can't even seem to do that in a timely manner. The S4 still hasn't been approved by the SEC as per their most recent filing either. The only good news here is that same filing let everyone know that Edify had $11.31 worth of cash per share in their corporate account which is why the EAC shares have moved up to $11.31 recently. And, since the reverse merger valued the deal for UNQL shareholders at 3 cents per share assuming EAC was $10/sh everyone just made an extra 3/10ths of cent (or 10%). Don't spend it all in one place.
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