No worries.
the raising of capital is a given ... you cant buy a project with zippo in the bank. Probably they will issue a large amount of shares to the vendor though.
But who cares? I dont. This real issue is:
HOW GOOD IS THE PROJECT(S)THEY WILL ACQUIRE?
It they get a ripper then anything is possible. If nothing happens, then the shell is still worth its listing value, easily $2mill. IMO almost zero downside at circa 1.4 cents entry. And for the small investment amount I put into it ... well its nothing! Different if I put the house on it!
One thing we know about shells, they are well sought after! Many private companies seek them out rather than going through the onerous task of a new listing. I am sure they have had heaps of offers.
Great fun waiting to see what they do.
;)
No worries.the raising of capital is a given ... you cant buy a...
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