$RVYL going to make a AMC type move
$AMC Entertainment (AMC.US)$ where are my Wall Street bets people at? You all need to check out $Ryvyl (RVYL.US)$ ! RVYL has moved from .40’s to 1.15 and the company is spinning off a $200mm asset. All current shareholders will receive shares in the spinoff publicly traded company. The stock is finally heating up and shorts will continue to feel the pressure as we get close to spin-off details / ex date.
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Rambu Tan : this stable coin spin off story has been ongoing even since its uplisting to Nasdaq in Feb'21...already 2yrs+.... haven't seen anything happening since then....the intention from the company is there but seems like not many adopters of their stable coin (Coyni)
Moneymonkeysays : nice try
StonkTrades OP Rambu Tan : You’ll see. Somebody’s buying up the stock. The recent partnership with Visa is positive as well. That’s not a coincidence.
StonkTrades OP Rambu Tan : They just filed an SEC report claiming 98mil shares of LOGQ for the coyni spin-off . It’s happening
Rambu Tan : launching is one thing, having takers is another story
StonkTrades OP Rambu Tan : Ohhhh my would you look at that price
Rambu Tan StonkTrades OP : Yes, when they just got uplisted to Nasdaq as Greenbox @ $10.50, they also posted news about their stablecoin and saying existing GBox share holders will get a bonus...and the share price went up to above $20. Look where it is now....mind u, this was 2yrs ago....
Rambu Tan : Anyway I do hope it rises even more as I am vested too....
StonkTrades OP Rambu Tan : Hang in there brother. It’s all coming to a head now.