SWEEEEEEEEETTTTT!!!
3.7 million and nice pop. The swings will continue to get wider and wider on the upside and downside due the fact the float is getting tighter and tighter.
Those who do their DD wil realize there is some tremendous upside left in this story.
I mentioned CWDW has no debt. Well, it has $180k in debt. Chump chang in contrast to all of the POS out there today. If you read the filings, they mention they have a tax credit of $44 million. That is nice tax credit that someone will be more willing to take on. How much of it is tranferrable in a Reverse Merger? I don't know. The tax credit and minimal debt makes this shell far more valuable than 90% of the stocks that trade on the OTC.
Do your DD this weekend on BioTech companies. You will be shocked to see how many of them are bleeding red ink.
Palmaz, gets a piece of the J&J settlement, we might be looking at a profitable bio Tech company. One trading @ .10?
Impossible! Many of those debt ridden bio tech companies trade well above $5.00. That is why the upside to this story is still in the infant stage as far as price appreciation.
Like Ali said, there is now some real value in this shell with the recent price appreciation and volume. Now all we need is the news to validate what we believe is about to unfold.
Like Twister said, "we could be telling our grand kids about this one."
Like the secretaries at Microsoft! These opportunities rarely come along. I have not seen one since the dot com boom. We have more than some internet portal here that sells someone else's merch.
Have a great weekend everyone!
AI
