Replies to post #3344 on Mitesco Inc. (MITI)

[goingforittoday]

Always humorous to see some try to create chatter just to shake shares loose so they can buy - better to see straight buyers or straight sellers without the chatter - this company has a history of full disclosure, unlike many small pubco

[Threeflight]

Well lets assume the PP did not close. And being realistic, that is not an outlandish assumption considering it has been over 2 months since they proposed it and we have seen some dilution the past month. I know one other OTC company that did a PP at .006 when the stock price was around a penny and they haven't closed theirs either. A PP on the OTC is just a tough thing to get done.

I have to assume, though I don't know, that the company has another plan to raise cash. Going the way MITI originally did was bold for sure. Not many Otc companies would have offered a placement at $25 when the stock price was at 3 cents. And looking at it realistically, that may have been shooting for the stars when something more on this planet is more attainable. Perhaps a traditional PP where the company offers shares at a slight discount to market with additional warrants might be better received by the investor public?

I am sure we will find out within the next month or so either way.