$MONITOR
Followed by @pmarca and @JTLonsdale, a CEO of a 500 Billion dollar company.
This has never been seen before.
U though 30m to 80m for robinhood:0x98096d17e191b3da1d5f99a6d7b3584351b11e18 was crazy? Watch this lol
0x1a911bb954daa9cb38513423075be74450351e18
2Hm8qcnud7LEes2inqHcohQKcD7sqAqX8wb9W2uxwB7g
$LEAN
Please just look into this. It can be one of the funniest things we’ve ever done.
Fully supporting @LeanOnStonk
Just did some interesting math
So palatin is a biotech stock (they make fat loss drugs) and it’s listed on the NASDQ / NYSE
It’s marketcap is $18m currently
And if $lean on @LaunchOnSF hits $29m (1/3 zcat)…
We can takeover the company
Why?
Because Palatin has a 35% quorum in their bylaws which mean to win votes you need to win a majority of that not 100%
So you need 17.6% of shares of palatin to win any vote
Including hostile takeovers
Asked fable to calculate how high lean would need to go at current market so ratio for the LP to have enough shares to takeover the company
And the answer is $29m marketcap
Guys
We're gonna own a biotech company