Wednesday, February 14, 2024 9:43:34 AM
For the people holding out hope that the R/S will get canceled, that last one gives you a ray of hope. If they thought it was the best route then I'm all for it, but on the surface moving the o/s to the 50 million range is the goldilocks zone in terms of liquidity imo. If they cut the o/s down to a million shares or less, that would be hugely troublesome in my view. This truly looks like a rare example where they split it to become a vehicle for actual organic growth. I'll be all for them canceling if that's their conclusion, but I think the split is happening and I think it's going to trade 100x better than some of the people here realize.
Recent MIKP News
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- Form PREM14C - Preliminary information statements relating to merger or acquisition • Edgar (US Regulatory) • 11/02/2023 04:01:43 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/28/2023 01:43:32 PM
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