Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yea it will take place today. Euda will declare the merger conclusion. The final DD for the money transfer was the cause of the Friday after-hours news delay. You guys are really jittery. Today is the day she sets sail. X
Confused again porky? You must be comparing VAL to Titanic 2, due to set sail in 2024, worth $500 million. She had issues with funding too, but itโs all FINISHED now. Boarding passes are being checked now and there is NO TIME to run home for your passport this weekend. ๐ข๐ข๐ข
M&Aexpert9:
Money is raised. That's over. It's quite easy to understand
The funds release to THX is contingent upon access to the NASDAQ listing. The final step in receiving the agreed funds is the merger. That's finished now. Announcement due. ๐ฐ๐ฐ๐ฐ
Announcement of merger completion is expected any moment now. Indeed, there will be a rapid transfer of cash since investors want to safeguard all the new assets and get started immediately. Investors are aware of TVM (time value money, or porky), which is why financial instruments for the fundraise and Nasdaq access were utilised.
M&Aexpert9:
You have no idea, do you. There is no long grass around this deal. Watch out!!!! here comes groundskeeper Suzy with her Signature Series X758, donโt get stuck in those weeds piggy, your gonna get minced.
Blockbuster weeks ahead
โOh is this from the 70m stash, that nobody has any proof of that the rampers claim has been on hold since March in an account off shore in the Cayman Islands ?โ
Yes. attaboy porky, now your getting it. Thereโs some hope for you as an M&A expert yet.LMOL.
@andysel Congratulations! It appears you have located the prospectus.
@Porky9 Let's say you have $60mln that is ready for investment. It may not occur to you, but capital managers make sure that certain conditions are met, in this case investing this capital in a publicly traded company for financial instruments that go along with that choice. Even though it might seem to you like good business to just hand a private company $60 million, that isn't how this kind of financial arrangement operates. Drug development and trials are highly costly, hence a means of obtaining additional funding medium term is needed such as access to Nasdaq. As you commented yourself, the merger is going ahead. Since you are an expert in M&A, you must have seen why EUDA need this. The merger is a requirement to access the agreed-upon finances.
There isn't a whole lot of time left for you to close that short.