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Re: None

Friday, 03/22/2024 10:20:14 AM

Friday, March 22, 2024 10:20:14 AM

Post# of 5334
Not surprised that the price sunk. Inconvenient to buy, but easy to sell, could wreck the price for awhile. Some say that they can't buy at all. If they think they can't, I guess they won't try. Plus, falling off Pink is bad news. I guess if you bought at $0.004 and sell at $0.002, it might be worth it to take the 50% loss. But, if you have been in longer, this is an awful time to sell in this market tilted against sellers where buyers aren't easily entering.

However, the IPSI deal is structured to exchange shares at a value of $0.0036 per share, if not modified and if the parties agree. So, I see the price returning if the merger succeeds, and probably going higher if the financial outlook thereby improves.

I think there will be red tape to get back into normal trading. Somehow, BZWR has been able to keep auditors and their SEC lawyer, so maybe required reports will be filed. I agree with those here that say a return may take months. I don't think it would be years in this case. Failed financing and bankruptcy would end it sooner, would be my guess.

IPSI might not be the only option. Maybe there is another interested party. That could explain BZWR's silence if they are not ready to announce how wonderful and desirable that merger would be.

The big downside, to me, is that BZWR needs to raise capital through investment and debt. On the debt side, I think the cost to borrow has been exceedingly high.

Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.