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Re: ARobinson post# 166554

Saturday, 02/10/2024 2:04:09 PM

Saturday, February 10, 2024 2:04:09 PM

Post# of 175054
My guess is that if the current 'international firm' has moved forward with their DD, GS may negotiate a secondary issuing time restriction of say one year. The value of acquiring a shell with just 50m shares is extraordinary for a company with an established revenue stream. As their MC grows, the value of the shares will increase, thus giving a secondary tremendous leverage. For example, instead of selling 10 million shares to raise $3m (pps=$0.30). They can wait a year and sell 10 million shares to raise $50m (pps=$5). If they use the funds to grow, it becomes a win-win.

JMHO