This looks really good. They're keeping it tight, and I like the plain language they're using. Toomey seems to know what he's doing.
Cash-on-hand is up.
Payables are up which means they've acquired services for something last quarter.
Total Liabilities continue to fall.
Signs are pointing toward activity.
Toomey has the bread winners share of outstanding common, roughly 70%, and he's still pumping money into the shell as of Dec 2015. I also like the way he's managing the share structure and expectations for future liquidity. It's clear this is his game to win or lose.
They're even advertising as a blank check shell which means we get a super 8k after execution.
I think this guy will give us a good merger sometime later this year. Keep it tight gang.
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