Logiq Inc (LGIQ): Why would STOA sell more shares? CASH....

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Logiq Inc (LGIQ)

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Re: Russmax post# 4852

Wednesday, 03/20/2013 12:00:43 PM

Wednesday, March 20, 2013 12:00:43 PM

Why would STOA sell more shares? CASH.

If I were them, would sell as much as possible for maximum cash out of this shell. Doesn't matter at what price, because STOA will stop being their personal ATM anymore after the merger.

My guess is that newco will reverse split the stock to whatever level they want as majority shareholder post merger leaving badgholders out in the cold. Of course, this is just my guess without any insight. Watch and see.

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