Sep. 4 at 2:32 PM
$CLGN
I am in for 1000 shares.
My thinking is that CLGN is no longer a collagen company, but is actually LIghtSolver.
A
$6 million market cap for this tech appears very cheap, given the people behind it and what they have done.
Although not a real IPO, in spirit, I see it as that.
Look at their website. It shows a lot of potential. And if the Boeing deal works well, it's take off time.
And although it is an RS, the price action doesn't match. And it shouldn't, because it's not 'really' an RS for CLGN, but a path for LightSolver to access capital and gain shares to sell to fund it.
And that is the big concern I have.... the coming dilution. I am hoping the increase in valuation surpasses dilution.
That's how I see this.
