Regardless of reality, and due to the confidentiality agreement management entered into, this stock is still attached to the Berlin project. Many investors invested on the potential of Berlin, and with the PPA in question, and lack of understanding what interest LLEG even holds in the project, we have seen selling over the last month.
If the Berlin PPA is rejected, there will be a sell off regardless if it has no effect on the company’s equity agreement. The same holds true if it is accepted. That is just reality.
When LLEG becomes a fully reporting company, and begins to generate revenue (which seems to be the direction MBB is taking the company with these smaller, existing project acquisitions they are targeting), this stock and company will receive tremendous exposure.
This is a long term play. LOIs and PRs with vague, broad details of agreements are not going to move the pps. Uplisting and generating revenue will.
If this California deal does not close in the short term stated, or if uplisting is delayed, investors will run for the hills. If MBB meets these goals, the pps will grow considerably.
