it’s mentioned in the Morgan Stanley presentation. They thought they were going to do the announcement then but have been delving deeper wit the client and it sounded like signing an even larger deal.
it’s clear with the pip pull back it’s being accumulated in preparation for a big run when the news drops this week. I hope we see 90s to $1 but may settle in the 80s
fair chance the company will be cash flow positive after this also
Ann: CCR - Morgan Stanley Latest & Greatest in IPOs Presentation, page-32
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