Thursday, March 21, 2024 1:29:52 PM
Royal Caridea and Cakeboxx(I like this company) are 2 private companies, with no details of the partnership revealed, that is very important information.
Fuel Tech partnership? Makes sense the whitepaper(put out by Fuel Tech Inc) saying Fuel Tech's DGI product would go great on the Cakeboxx- made and engineered platform, and slap the Royal Caridea(still a private company) patent on it. Cunha owns RSHN, also is a founding member of Royal Caridea and looks like hes still involved, I could be wrong.
Alot of moving parts here. Which means alot of mouths to feed. Good thing there is 10 billion more shares to appropriate.I guess we will have to wait for the 10q/q1 filings to find out? Maybe even q2? Still alot of work to do cleaning this up. But if they can get all the moving parts aligned with some greased wheels, it can get moving, just where is a good entry to load the boat?
My guess is 2's(really good entry IMO) get tapped in a month or so if nothing substantial is addressed. Still alot of unanswered questions with RSHN, hence the hesitation of continuing volume to the upside. When does Caridea just get acquired by RSHN? I like the model of start slow and build up though, 8.7 billion OS(for now) is still alot to try and move from trips, especially when Sweat has/had the ability to convert over 400+ million common shares. Maybe something nice like share buyback would do wonders?
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