chemist72
2週前
Bateau Asset Management
https://www.bateauam.com.au/
Bateau Asset Management is a boutique investment manager founded in 2016, an Australian investment management company with an absolute-return investment philosophy and a multi-manager approach to investing.
?Bateau Asset Management focuses on its clients and on delivering consistent investment returns in-line with its stated objectives.
? https://www.bateauam.com.au/aboutBateau Asset Management’s commitment to investors includes:
prioritising risk adjusted investment returns,
a focus is on achieving absolute returns through the economic and financial market cycles,
providing regular, clear investor communications, and
being transparent in all aspects of its business https://www.bateauam.com.au/about
Fdc4
2週前
Don’t say I didn’t tell you so. I hope you have learned something from our interaction:
Under the terms of the Acquisition Agreement, the Company will purchase Bateau Equity exchange for the issuance to Bateau of 14,000,000 shares of the Company’s Series C Preferred Stock and two convertible promissory notes, each in the principal amount of $1,000,000 (the “Notes”), carrying 5% interest, which are convertible into shares of the Company’s Common Stock at $1 per share. The closing of the Acquisition is pending the completion of customary due diligence by both parties, which is expected to be completed within 10 days.
And you don’t need to be an expert in finances, just study your CEO track, moves, history behavior. That’s all you need to know what’s next
PROMISSORY NOTES
$1,000,000 Promissory Note for 24 Months issued to Stuart Haley
$1,000,000 Promissory Note for 12 Months issued to Stuart Haley
Fdc4
2週前
I dont assume or speculate like you do. I follow closely the CEOs of companies I do invest with. You don’t need to be a skyrocket student to find out from a CEO that has been avoiding for several months, shareholders being diluted, washed out as normally you see in OTCM. This guy isn’t exposing shareholder’s interest at all and every deal he does is locked in preferred shares. Now this new deal with the $2M in common, I can guarantee you, based on the trajectory of Blum, he will place such in a lock deal for a 2-3 years safety net. If he does like you have been implying, all his efforts since months ago will be flushed out in the toilet in one day. Not a thing. This is not speculation mate, I am talking to you with data and his previous fillings that display the pathway this CEO has been taking. It is called business analytics
You are free to check his previous fillings as well. If you know how to read them, you will agree that it is nonsense to release those $2M at current price range. He would automatically destroy himself on this. Also, he hasn’t increased his OS/AS for this Billion of shares you are talking about. Can’t wait for the next filling
Alley-oop
2週前
$SMCE NO DILUTION
Outstanding Shares
1,352,951,483 11/06/2024
Restricted
701,264,015 11/06/2024
Unrestricted
651,687,468 11/06/2024
Fdc4
2週前
Still speaking nonsense, current range?? $2,000,000 in convertible promissory notes, will be given, not at current PPS. I am certain Blum will lock it under certain conditions met: $1 PPS or 2-3 years locked. Of course, it will be up to such entity to sell before due time if deem so but by then, I won’t be around to find out. Nothing new in here, NEXT on line, please…
Learn how to do DD. This new acquisition is worth over $15Millions!!! For them to be capable to fulfill the total capital, SMCE, somehow, must be, at least, wayy beyond $0.25 and by the time it reach there, we will be probably long gone. Similarly with Chaintrader lock shares, $1 PPS. Diamond hands
Wait for fillings to find out on details before you go ahead of yourself. Blum isn’t an idiot, he would never give 1B shares on the common side. So much effort protecting us to end up doing this nonsense