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NewJerichoMan

10/25/21 9:48 AM

#51773 RE: Randyfloyd420 #51770

One of the perks for being an accredited investor. One typically pays less than the market rate when shelf offerings are being made.

When one uplists to the NAZ, the Investment Bank provides "protection" against shorts and just general sell-offs. Those investors get 20% discounts to market (retail) as well but they protect the price for generally a few months after the uplist.

GMGI doesn't have that luxury here.

Market sees shares are being sold to investors at $7, the share price should be $7 then.