C3is Inc (CISS)

[Smilin_B]

I just don't think anyone understands the internal share structure of this company and the massive amount of dilution that just occurred. Most got destroyed as most on this much much higher than $3 per share. This was a spinoff from $IMPP many months ago and as soon as it started trading in the $5 and $4 range, most of us sold our CISS shares. But right around January 19th or so when it collapsed into the $0.11s, I bought a huge block at $0.121 and took liberties in selling it this week at a $0.174 average.

May seek re-entry if it heads back to the $0.12 support level next week.

It's on my radar for another trade. Sometimes these things just wither away and die also - so we need to focus on the viability of this company moving forward without additional Capital raises.

These Greek shipper CEO's are real pieces of work