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re: TRKA ripping (GNS has offered to buy TRKA)

Posted on 3/29/23 at 5:21 pm to
Posted by slackster
Houston
Member since Mar 2009
85481 posts
Posted on 3/29/23 at 5:21 pm to
quote:

Booming right now! GNS has offered to buy TRKA!


So a $38MM company is offering to buy a $108MM company?

This sounds like a desperate attempt by GNS to stay relevant in the realm of penny stocks.

quote:

An offer isn’t any guarantee acquisition will occur as acceptance, DD, approvals, etc are all required. Also $TRKA is one of multiple companies $GNS is in discussion with. However in 2023 we arr committed to an M&A strategy to get to critical mass to fight #NakedShorts


This tweet from their CEO all but confirms that suspicion.
Posted by CajunTiger78
Member since Aug 2017
2531 posts
Posted on 3/29/23 at 6:32 pm to
There are rumors other companies may be in the mix for a buyout as well
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