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Monday, 08/26/2024 9:01:59 AM

Monday, August 26, 2024 9:01:59 AM

Post# of 2906
They amended the S-1 again. No time to read. There is a heavy-handed warning about spreading disinformation, and, at first glance, the whole note/warrant conversion thing seems off the table now. Which would make sense, as it could only scare away IPO investors. My guess is the two things are related, but who knows. No time to read it or worry about it anymore. Again, if the IPO actually happens, and the shares hold the $5-$6 IPO price, most speculators from the penny stock days will be somewhere between "whole" and "modestly ahead", depending on your average cost. From there it will be a weird battle between the very small float and the very small public awareness of the company -- no way to tell what wins. But, of course, none of it means anything unless the IPO actually executes. Which has been problematic so far. We'll see.
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