tw0122
2 months ago
$2.15 + 9% Pro forma fully diluted shares outstanding including shares to be issued to SRx Health is 22,911,334 shares, with insiders owning approximately 75% of the outstanding shares. From a valuation perspective, net tangible book value is $4.072 per share and net current asset value per share is $3.943, both well below the current price of our equity.
As we near the closing of the transaction in the coming months we will ask the Better Choice and SRx Health shareholders to vote.
We sincerely appreciate your unwavering support and trust as we strive to build a global health and wellness brand by 2025, paving the way for a promising future together.
Thank you,
Michael Young
Chairman of Better Choice Company
PennyStockTrader2
2 months ago
never know when this will explode, but took some profits on the last 50% run these past few days, and have bought back almost my whole position, gotta be nimble, BUT, theres also risk of this just going ape like it does from time to time so need to really hold is best approach and not start selling until at least 50% move and that is probably very early if it does what it has done in past. Really the best key is to just buy in larger quantity at low prices which is right now anything in this range, and just have a plan to sell on spikes, but that is always hard to get perfect, but you dont have to be, just be disciplined, it applies to both directions actually.
KeepItRealistic
4 months ago
$BTTR offering details
On July 29, 2024, Better Choice Company Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with ThinkEquity LLC (the “Underwriter”), for an underwritten public offering (the “Offering”) of 639,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a public offering price of $3.00 per share and pre-funded warrants to purchase 1,028,000 shares of Common Stock (the “Pre-Funded Warrants”) at a public offering price of $2.99 per Pre-Funded Warrant, for aggregate gross proceeds of $4,990,720.00 prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the Underwriter a 45-day option to purchase an additional 100,000 shares of Common Stock, at the public offering price per share, less the underwriting discounts and commissions, to cover over-allotments.
PennyStockTrader2
6 months ago
Once again BTTR comes thru with a pump, I hope people took advantage of it, once again for the nth time I didnt sell enough shares but I did decent, you never know where the top is with these pumps, but its all good, so predictable, you just dont know exactly when its going to happen. But it always does. Wow.
PennyStockTrader2
6 months ago
so for now we just wait for the next spike, and accumulate more if it drops under 3.50. How long that is, as I have always said, nobody knows, but I do believe we will get it. I think I will be more aggressive on selling if and as it reaches 7 bucks, maybe be completely out by 8 bucks, not sure.
PennyStockTrader2
6 months ago
in good ole form, BTTR comes thru again with a spike to 7 bucks, wow, this is found money. The hard part is figuring out how much to sell, I didnt sell enough but its not easy to know if its going to run further especially since it was at 10 bucks not long ago. What causes these spikes I have no idea, its remarkable. Having GTC sell orders in place is helpful since things happen so fast.
On the buyback side I started at 5 bucks and as low as 3.55, again not perfect but it never is, it always go further than expected in both directions
PennyStockTrader2
7 months ago
doing some light trading in the past week sold a little in the 7s, just bought back at 6.20, but where we go from here is hard to say, I am prepared to buy into the 5s if need be, and to take profits in the upper 7s and beyond, but I do expect a big move at one point, I just have literally no idea when, but based on history, we'll get it, so be prepared with GTC orders in place if necessary.
PennyStockTrader2
8 months ago
unbelievable how this is trading, there is so much money to be made here its ridiculous, Im making some, trying not to be greedy selling as much as I am allowed to avoid breaking day trade rules in non margin account (risk of selling shares not paid for yet) and doing real well. We know the volatility will not last forever and that there are super high volume days interdispersed with comparatively dead days, no matter, just need to be sharp, be able to turn on a dime, and have sufficient orders in place to lock in profits or make purchases when the opportunities present themselves. My goodness if anyone can find other stocks trading like this right now please tell me I beg you.
PennyStockTrader2
9 months ago
BTTR has started to move, I bought as low as the .12s last week, now I am in very light selling mode so far, you never know when a larger spike may come during which one should unload fair numbers of shares. Laddered out sales all the way to 30 cents, no way to know what the high will be. Dont ever think you know, bc you dont, nobody does.
KeepItRealistic
9 months ago
$BTTR Better Choice Company announces 1-for-44 reverse stock split
Better Choice Company announced that it will proceed with a 1-for-44 reverse stock split of its issued and outstanding shares of common stock, par value $0.001, following authorization by its Board of Directors and majority shareholders to effect a reverse stock split by a ratio of not less than 1-for-25 and not more than 1-for-45, at any time on or before March 31, with the Board having the discretion as to whether or not the Reverse Split is to be effected, and the exact ratio to be set at a whole number within the Reverse Split Range. The Board approved the Reverse Split on March 4. The Reverse Split will be effective on March 20, and will begin trading on a post-split basis at the market open on March 21. In conjunction with the Reverse Split, the CUSIP number will be changed to 08771Y 402.
PennyStockTrader2
9 months ago
There you have it, bought as low as .155 this morning and sold half position at .avg .26, and bought back as low as .17s. Wow, this stock is being predictable. Now of course there always downside risk, but, the company is as legit as any company, yes they burn cash but also are trying to think outside the box in their ventures, I'll take that. And they love those intra-day announcements, so you need GTC orders in place, which I had this time at good prices, but you can never predict where it will hit so use a ladder of orders.
KeepItRealistic
9 months ago
$BTTR unfortunately
RS is scheduled before end of March
“On February 15, 2024, the Company’s board of directors (the “Board”) unanimously adopted resolutions approving, declaring advisable and recommending to the Company’s stockholders for their approval a proposal to authorize the Board, in its discretion, to amend the Company’s Certificate of Incorporation to effect a reverse stock split of our issued and outstanding common stock at a ratio in the range of 1-for-25 to 1-for-45, such ratio to be determined by the Board (the “Reverse Stock Split”). Approval of this proposal will grant the Board the authority, without further action by the stockholders of the Company, to carry out such action any time prior to March 31, 2024, with the exact exchange ratio and timing to be determined at the discretion of the Board.”
https://www.otcmarkets.com/filing/html?id=17283736&guid=o0d-kFHS95BWJth
PennyStockTrader2
10 months ago
Ive never been able to figure out why the share price had cratered so far down to 11 cents I believe, a real killer, I feel like 20 cents is a decent price to get in, but, there could surely be downside from here, I am thinking around say 15 - 18 cents if it were to happen, the leverage the lower you go is fantastic. You need to consider that the company simply is not making money, and it really hasnt improved in fact has been a bit choppy and eventually it has to be profitable or it will go out of business. What is it going to take for that to happen. Also consider it has lost some management more than once now which is concerning. So, just going off of a price to sales ratio to determine whether its a good buy is, in my opinion not enough, big picture of prospects to profitability needs to be considered with caution. But at 20 cents, in the least, its good for a short or mid-term trade, but if it popped over 30 cents or more I would sell. So with the tendency for this stock to pop from time to time based on news releases, I would say getting in at 20 cents is as good of an entry as any.