RE: Good morning29 Sep 2023 10:12
"Good morning. I am reading a lot of conspiracy theory-esque, quite frankly, nonsense chat from some. We have got involved in a great company with an apparently great future who has secured their largest contract to date. We knew it was volatile and we know that the markets don’t always make sense. Hold and stop gurning. The delay in getting shares is poor but we should not be considering doing anything with them at this point anyway!"
"Conspiracy"? The way this merger was structured, SMD investors have lost serious money, some way over half of their investment. This should have been foreseen.
It's a good looking company, who is well funded, but this SPAC merger has been an absolute disaster and has left market cap less of the merged form, less that what SMD was on it's own and before a $149M contract.
This is all down to market manipulation, apparently down to a way too small float and severe delays in SMD shares being converted to MDAI, which over 2 weeks in, still hasn't happened for most.
This is severe incompetence of whoever arranged the merger IMO, unless they knew this would happen? If they did know, they have royally screwed the SMD investors over. That's not a conspiracy, it's a fact.
You've got to love how the media and education has easily led people labelling any fact not fitting the agenda as a "conspiracy".