Tuesday, March 12, 2024 5:49:24 PM
When GS tweeted that "here's what a coordinated attack looks like", what he was actually revealing was that the non-binding LOI which had been based on a $0.02 price at the time of the PR would fail at a lower price. GS was trying to sell his 300,000 preferred shares (1:1000 common) to raise the $6m needed for the $15m best efforts raise. It was his way of parking 300m shares until 2025 without forcing an RS. He was hoping the 'hype' from the high liquidity would have pushed the pps to a dime.
Now that we're at $0.0067 and dropping, he can only raise $2m tops. That won't be enough, and hence he will most definitely 'kick the can' down on March 15.
JMHO
Recent GVSI News
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM