Wilee_One
commented on a stock · Nov 16, 2024 01:06
$LQR House (LQR.US)$ Strange actions. With an upcoming vote ...
$LQR House (LQR.US)$Strange actions. With an upcoming vote to reverse split the stock (range of 2:1 up to 6:1), the value keeps climbing. I understand Lazar came in and pumped 3mil into the company, but the high cost of executives and operation of the fulfillment center is going to make this a very long term play. A potential downrange dilution by Lazar (over 10mil options at .55/share strike price) is also a variable to consider.
Does anyone see a different angle to this??
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