The new company has $54M cash after the merger and can pay back the $1.4M debt easily. Remember there is obligation that upon closing, the debts of the old company will be transferred to the new company along with the balance sheets.
So what is the point to do the RS before the merge?
exactly! The current PPS is the biggest BS indicator, if this was such a "done deal" the share price would already be really really close to .057 like all other r/m's and mergers i've witnessed. and it doesn't take "days or weeks" it takes about 1 minute for the price to adjust after a legit announcement or closing. you have to be kidding me about people being "afraid" lol like the entire investment community is scared or somehow "missed this one" roflmao friday was crickets on level 2 so ridiculous to even consider this as a "done deal" but hey stranger things have happened in stinkyland but it's still lottery odds and the fact nobody else is buying pretty much proves that out.
News 
Market Data 
Discover 
AI
