I guess it's fear that the LOI won't close. That is a risk. You never know what they might find when they open the books.
If it doesn't close... The MM's could then sell the thing short... drive the pps down and I'm 99% sure it will scare folks into selling at a lower price. In addition, I think Mr. Erhartic's reputation will be damaged too. Planning on keeping much cash around in case this will happen... Because even if the LOI does not close....The company should still pull a net profit in the 3rd Q... I will give the company a chance to stag another ISP..
Given the history of Mr. Erhartic... I see greater odds that it will close then not...
Recent ENDI News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 01/25/2024 05:15:16 AM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 01/18/2024 11:03:57 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 01/18/2024 11:02:20 AM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 01/12/2024 10:25:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 10:20:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:01:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 08:00:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2023 08:15:15 PM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM