Troy, brother, why would the Twigster want to get the price to/above 5c for a CR when he could have just as easily done the same thing at 4c without BMM's "help". He doesn't need them. He's God (so I am told).
Why would he ramp against himself, which would result in a lower final percentage ownership of POS for the same dollar value capital injection (i.e. spending the same dollar spend @5.5c and @5c, rather than at 4c)?
Real money is being injected here. It's the first time that he has shown up to inject capital since 2012... and his total dollar spend will be materially greater than it was back then. These are not token (i.e. symbolic "keep the dream alive") amounts we are talking about, here. And if none of the existing shareholders believe him, then he is on the hook for the vast majority the dollars to be raised... @5c instead of, say, 4c, or less.
BMM are in @6c so far, with a 30m placement available to them @5c, along with the rights entitlements. They are currently underwater at this juncture. How does that work? With friends like AF...
The conspiracy story just doesn't stack up for me. The money flows simply don't support it.
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31 | 56825987 | 0.002 |
15 | 34378697 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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