“ There is no way to have any idea what shares might be issued at ”
EXACT amount?...no.....ballpark figure?...yup....one thing is for damn sure...it won’t go public in the pennystock market at 12 cents...lol
“ $350M isn’t a lot of debt for Spiber but Kim looking to raise up to $24M is excessive? Got it ”
You should...it ain’t rocket science...
Simple fact is, $350 mil is a drop in the bucket for spiber...been saying that since people were exclaiming the news that it was going to cost hundreds of millions of dollars for spiber to scale up...and I replied “so what?”..
Now that they have scaled up in Japan, in Thailand, and are making the US their next target, people are supposed to go gaga over $350 mil?....money well spent...and when they go public, they will sell 14 mil shares and make that $350 mil go away like it was nothing..
Kblb however is a broke tiny 12 cent stock with multiple failures and poorly managed...they have 854 mil o/s and want to dilute another 100 mil shares...what’s not to like about that?....lol. Smh
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