$trka so, it's -
R/S for compliance
Then Dilution to pay debt
Then after 2nd and 3rd quarter earnings we will see some positive progress..as those are the industry's best quarters.
$TRKA looks like the latest filing is a triple hitter.
ER
Pending buyout
Delayed delisting (assuming as they are Pending buyout)
Looking forward to the rest of the week.
Final days to place your bets on $trka. ER, Delisting updates should be posted within the next two weeks.
Will we get an extension?
Will there be a buyout?
Will they post record earnings?
Will there be more dilution?
$TRKA A thread
Alright there are 2 ways I see this playing out:
Option 1 is Bullish –
TRKA filed the shelf on 4/11. According to their status and size this should automatically become effective after 20 days. 20 days from 4/11 is 5/1. The shelf offering is to pay the damages..
Bearish –
TRKA filed shelf on 4/11 – it becomes effective on 5/1 and they R/S and dilute (pay blue torch) on 5/1 – the price increases due to R/S and they remain listed and investors take the hit….a big hit.