InvestorsHub Logo

momotrader

11/16/21 7:05 AM

#177 RE: Jbourne68 #175

From the ELVG filing ...

.. kinda overlooked items but were done within the past week (see dates)..

NOTE 12 – SUBSEQUENT EVENT

"On November 11, 2021, the Company entered into a consulting agreement with North Cape, AS, whereby North Cape, AS would receive 2% of any debt financing made available for the purchase of shipping vessels.

On November 15, 2021, the Company entered into a perpetual licensing agreement for all instances related to the proprietary crew management services with Seatrix, Ltd., an entity controlled 100% by Konstantinos Galanakis, in exchange for 7,000,000 shares of common stock which shall be effective starting January 1, 2022."

TechnicalAnalyst1984

11/18/21 6:49 PM

#183 RE: Jbourne68 #175

And so what are your thoughts on the 8K that came out on Sept 28th? How do you see that effecting the company's stock going forward? Make no mistake about it, I am referring to the white elephant in the room and I have been writing the company about this issue and should you and everyone else on this board!!!

Honestly, I do not think it impacts us in a negative way considering where the price of the stock is and it is only a 1 for 2! Still, I think it is not needed! They just need to stop with the dilution and put some PRs out imo