Sounds like a few large brokers are expecting a decent run up on pre drill of TAO-1, at which they would offload their shares for a nice profit into the liquidity fan fare.
the extra dilution will effect the valuations, and as they don't care for long term gains and are only chasing a quick buck. are totally against any merger.
basically it's a nice reminder of who brokers really work for.
themselves.
a good chance for the sensible PI's to make a stand and vote for a merger (if you are a TPT holder)
Sounds like a few large brokers are expecting a decent run up on...
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