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GM_FSJ

05/06/21 11:22 AM

#51922 RE: sundownsam #51921

Yes, the investor funding the acquisitions has a very large stake in the preferred shares that will pay dividends I’m sure. It’s in there best interest to fund acquisitions and grow the company.

Steelyd3

05/06/21 11:47 AM

#51924 RE: sundownsam #51921

Lol

Trek95

05/06/21 12:04 PM

#51928 RE: sundownsam #51921

A small company(or penny stock) can buy a bigger company if it has a way to pay for it, why is that hard to understand?

If you read the PR, they state the institutional funder will be able to provide the capital in order to complete the transaction.

I highly doubt reverse splitting the stock would be a major part of deal initially as it doesn't make sense to do it down here, but we'll have to see. But let's think here logically, that even if they decide to go that route and shoot themselves in the foot down here at this pps, either way the value of the acquisition will add to the value of the stock, so maybe temporarily idiots will freak out and sell, but shortly after that, pps will go up, and prolly spike real good.

The value of your shares is the same before/after any split!

A slow pps rise would be ideal imo, but the way it's been sounding from the company, thier moving faster with executing growth plans, so maybe pps will follow suit to that. Have to wait and see, and not promote negatively until it happens. If you're looking long term, it shouldn't matter... so I'm excited!