Markets are forward looking. The price will be bid up in anticipation of huge earnings.
Your banker or whoever the hell you claim you talked to can say whatever they want, the public information indicates about 2 million shares.
Thanks but that is not really news we all knew they were working towards the final contract.
What matters is the settlement amount, and we don't know.
Crazy cheap with 71 cents per share cash.
You've already answered your own question so no point asking for opinions.
RB impact will last for years. As another poster pointed out COOL went up 1000% on Zumba and RB4 will be as big for MCZ as Zumba for COOL.
SMSI always moves this time of year as Q3 and Q4 are strongest seasonal quarters. Surprised its still below $1.
This Change in Control Agreement (“ Agreement ”) is made and entered into as of September 29, 2015 (the “ Execution Date ”), by and between WPCS International Incorporated (together with its successors and assigns, the “ Company ”) and Sebastian Giordano (“ Executive ,” together with the Company, the “ Parties ”).
A. Executive is employed by the Company and possesses intimate and essential knowledge about the Company and its operations.
B. The Company recognizes the possibility of a future Change in Control (as defined in Section 3 below), which may alter the nature and structure of the Company, and recognizes that the uncertainty regarding the consequences of such an event may adversely affect the Company’s ability to retain Executive.
C. In order to induce Executive to remain employed with the Company, the Company desires to provide a payment to Executive in the event of a Change in Control, and Executive desires to be so induced.
D. The Parties desire to set forth in writing the terms and conditions of their agreement with respect to the Company’s provision of a payment to Executive in the event of a Change in Control.
NOW, THEREFORE, in consideration of the mutual covenants and obligations herein contained, it is mutually agreed between the Parties as follows:
No, it aint gonna fall ro 45 cents because at $1.12 its already insanely cheap with all negatives priced in. But they are cowards.