1CG 0.00% 1.3¢ one click group limited

Ann: UUV Aquabotix to Acquire One Click Life Business, page-25

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  1. 583 Posts.
    lightbulb Created with Sketch. 58
    After reading it all, I'm not really happy about it . . . .
    By the time existing holders count their money, its a 40-1 consolidation.
    Effectively, by the time they're done printing, it'll will be worth .001c, not .002c, pre-consolidation.
    You can do it now, divide by 20 your current SOI and times by .02c.

    They are raising roughly 2.5 times existing shares for cash, and a giving away roughly 2.5 times existing shares.
    I'm not sure its a great deal, but its a deal all the same.
    I suppose in a few years they'll be making a few million a year, if things go well . . . . .
    Performance oppies for $6,000,000 revenue for 2023 . . .

    If we could, id vote no to issuing so many shares on:
    "Securities to be issued in consideration
    for the
    Acquisition
    : 265,000,000".

    Maybe I'm to cynical, but doesn't look that good for existing holders. Need to hit .04c to get to where we are now . . . |
    I suppose the idea is the dramatically outperform and hit like .10c each, valuing the company at around $84,422,025.

    Yey!!

    GLTAH

    Last edited by Genghis_Noob: 04/05/22
 
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