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Pattt

07/19/23 8:15 AM

#58699 RE: TheRealMrPirate #58696

Not difficult at all.

First of all: this looks like a reverse merger. It's not RMRK you should care about, not the dilution from years ago, it's BluNutric. And they will raise 1M minimum. In a previous tweet they talked about "BluNutric has meetings with the investor group" (family office? we don't know yet, but could make sense here). In most recent tweet they talked about "additional external funding". So it will be more than 1M. How much exactly? We'll find out. Second, pay attention to all the tweets from last weeks + the last PR. How much hints do you want to get? No RS, no dilution, extra funding, clearly stated they want to build shareholder value. IMO they seem to use the reverse merger + buy back and/or cancellation playbook. 1B shares is now 900k, not super expensive. Btw, about share cancellation: of course that's possible with this OS, cancellations can be both about issued and not issued shares. You can also talk about a cancellation when they first buy them back, and cancel them right after. It doesn't really matter anyway, imo preferably the shares should be reduced one way or another. Let's wait for the details about the funding and talk after. Have a good day!
Bullish
Bullish

LongBullyStick

07/19/23 9:59 AM

#58702 RE: TheRealMrPirate #58696

R/M with "additional external funding"!!! That means more than $1 million. Plus a name change to BluNutric. (Most likely a ticker change too!) BluNutric is a private company set-up a couple years ago just for this acquisition. New management team, new owners and new business model. This will NOT be the same old $RMRK! For these reasons, most everyone on this board is loaded up and excited for what is to come! Read through Demspey's DD and that should get you excited too. (Just my opinion.)
Bullish
Bullish