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trader59

07/24/22 9:42 PM

#7677 RE: QTRADERQ #7674

The disclosures will have far more detail about the cashflow and balance sheet, including the real revenue number (ie - can't just say "minimal"), and the origin of the accounts receivable. Given the lawsuits that have been filed against nearly every streaming service on the planet, lawsuits that were dismissed, I expect we'll get a clear picture of why stock is being sold instead of collections of accounts receivable.

Jake has 98.9% of PMR. It's right on page 37 of the S-1/A. The Reg D offering did not specify share count, and (interestingly) they declined to disclose revenue/net value range.

NUVG will have to give value to the owners of PMR to acquire it. Take whatever the value is alleged and the PPS and do the math. That O/S won't hold it all, not even close, and even preferred shares would have to be convertible or it wouldn't be full value (the CEO already has voting control). If less than full value is given, that would mean PMR's value isn't what it's made out to be.

You cannot do "value" or PPS math until you know what the O/S is really going to be, NUVG's O/S owns nothing right now.