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Re: Welsh_Dragon post# 50759

Saturday, 01/27/2024 2:41:21 AM

Saturday, January 27, 2024 2:41:21 AM

Post# of 50877
I’ve owned it since before the LAHO buy back. The push to .35 was a result of the buyback……. Then, they squandered that catalyst by staying quiet…. Then, with extremely low volume, sank to sub penny…. But it’s easy to see what can happen here if they can get even a little interest.

My take? They took over LAHO to go public, the interest vastly exceeded any expectations and it ran hard, the run up attracted the SEC which shut them down due to delinquency, they moved over to MSSV, but don’t want to leave LAHO in the lurch, so the buy back, which was costly….. when they completed the SPAC, the revs were nothing the market dreamed…. They decided to stay silent, hence the slow deflation…. In the meantime, they have expanded and grew revenue without new funding….. potentially, they could make a ton of money. The new funding deal is interesting in that it’s not advantageous to the investor unless volume returns and PPS is consistent or goes higher.

A pump and dilution is a for sure thing here, how high it actually rises will depend on execution.

I think it’s a fun bet at this point
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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