Bangi Inc (BNGI)

[kfan624]

I like. Sign me up.

Thanks for the replies. I am curious as to what the current share structure is and the conversion ratio, if it has been altered at all. What is appealing to me, if I am understanding it correctly, once the pipe is closed, the shares will be unrestricted, and the road show is trying to accomplish interest in a 2euro/share offerring, doubling the gain after a roughly 30 bagger initially (.035-1, not including exchange rate or whatever)
Pretty appealing stuff, but I also can see how some view this as too good to be true...
I have not had any correspondence with the company, just initially starting out my DD here.
And you say they confirmed via email that the initialy financing 1Nov to 16Dec was fully subscribed? Thats positive. So the company has the 1mil to execute the exchange and all related fees associated with such. Just thinking out loud but I dont get why they refer to the PIPE or the issuing of 15 million shares as an IPO if they will start trading in January? It would just be a private placement for the share issuance since there will be shareholders of record on the public FSE entity...oh well