Jan. 13 at 3:27 AM
$CAPC Proof the Reverse Merger w/ Coppermine is close. 8K filed that shows CAPC entered into an Unsecured Promissory Note (“New Note”) evidencing a working capital loan with Coppermine. Essentially, Coppermine has agreed to pay an additional
$73,000 for operations this Q1. My guess is they are still completing audits of Coppermine Ventures and/or finalizing negotiations. Additionally, the attorney on the agreement is Paul Richter, a very respected Securities, Mergers Acquisitions Attorney! This RM is happening. I would say .05 is a phenomenal entry point. This traded at over
$3 prior to this and Coppermine brings in much greater revenue and much better business model. Upon RM announcement, this has the ability to shoot to
$3+ alone based on the fact only approximately 20 million shares are available to trade! This is great news! This should ease a lot of worries out there!