C3is Inc (CISS)

[Smilin_B]

I'm in at .121 just for a short term trade. I've never read such convoluted terms in this latest press release on the capital raise, in my life.

I don't think anyone understands them.

But these Greek shippers are notorious for performing diluted Capital raises at the expense of shareholders. I feel terrible for anyone that did not sell this when it was in the $4-$5 range on conversion of IMPP shares. I dumped my $CISS over $4 and used the proceeds to add to my IMPP position. I'm down on IMPP of course but over the last couple of months, the chart has really made a substantial U-turn with share BuyBacks and so far the company has not come to market to raise capital as they are flush with cash. We will see if the CEO
of IMPP stays true to his word as the stock is grossly undervalued. As far as CISS, you need a PhD in stock finance to understand what the hell that last press release was all about