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Monday, March 04, 2024 10:49:33 AM
I remember when this was announced, mONI shareholders were going 'ape poop' how great it was until I pointed out $75K USD divided by the number of shares was about a $0.0001 dividend. All of a sudden, the deal didn't matter to the same people that were pumping the news all over the place, because the Part 135 deal was gonna be the savior.
If old Frankie can't even unload BigGift for $75K, how is he even capable of doing anything larger?
Silo said old Frankie didn't supply any of the documents request so was the whole PR other scam along with the gold mine fake acquisitions?
Frank is in no hurry to close any deal that will tank the sp price if the deal, revenue and net profits don't support the current market cap, but don't let facts get in the way of a PnD.
Moon Equity Holdings to Sell BitGift Asset to Silo Wellness in Exchange for a Dividend - April 26, 2023
According to the terms, MONI would transfer the BitGift asset to Silo Wellness in exchange for 5,050,505 Common Shares of Silo (currently valued at CAD$100,000 as per the 20-day VWAP).
https://www.globenewswire.com/news-release/2023/04/26/2655316/0/en/Moon-Equity-Holdings-to-Sell-BitGift-Asset-to-Silo-Wellness-in-Exchange-for-a-Dividend.html
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