Followers | 2434 |
Posts | 91302 |
Boards Moderated | 7 |
Alias Born | 09/12/2003 |
![](https://investorshub.advfn.com/uicon/26252.png?cb=1665110536)
Tuesday, April 23, 2024 11:31:04 AM
The recent increase in authorized shares from 200 million to 2 billion for KOAN suggests that they are preparing for a common share exchange. Additionally, we are nearing the completion of the 251G process. KOAN, as a shell company, has no revenue and tangible assets, making it challenging to assign a definitive value to its shares. Despite this, it currently trades at around $0.04 per share. On the other hand, EMGE, trading at $0.0024 per share, boasts tangible assets and revenue. Therefore, a 1:1 exchange ratio similar to the HVMC case could make sense from a management perspective. Such an exchange would offer long-term shareholders the opportunity to acquire EMGE shares at a price equivalent to $0.04 per share, potentially adding GREAT value to their investments, truly life-changing for many long-term investors like us. Imho.
![Bullish](/static/images/ih2-bull.png)
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM