2/2/21 - GS Acquisition Corp II Trading $12.25

2/07/21-WATCHLIST !

- CHIT -
When a company files a Form 15g (filed 2/06/20) is simply to terminate any future filings of the old entity.
This is done because of one reason. The company does not have a business model and pretty much a shell, more importantly, the cost to continue filing under the old firm is no longer required and now has actively  become a dormant entity.
With that said, Form 15g (filed 2/06/20) is an indication that they may be looking into a R/M.
Now this point in time, it is a wait and see, but there is some movement  with weekly volume appears to be picking up.  The price is still around .0002 makes this shell a very much an
attraction for a merger. 

The share structure is absolutely a solid indication that this shell is
worth well beyond letting go in default, so the 15g was filed taking out the old and setting this shell possibly through a R/M into a new entity.
Here again, this is currently going to be a issue that may test your
patience since these issues currently is absolutely a unknown entity when this filing has been made and volume will continue to flounder in this area. Having always been very partial to getting into a superb shell with SS  this low and I mean this is a perfect setup for a R/M, but patience is key and the filing coming in 2/06/20 may be an indication that 2021 may be the comeback.
What we have here is a shell that is worth $375K and valued as such. I
don't see this trading range moving above .0002 or really going much lower. My belief is that this shell is extremely valuable and as we speak, being peddled as such.
So now this has become a silent period until the next announcement from the company through NEW filings to give direction where they want to take this.
I am betting on a new direction through a R/M. When? That is where we are now. 

Due Diligence is the waiting period. Never invest what you can't afford.

Shells are extremely unpredictable.

Disclaimer: Stockmarketquarter has not received any sort of monies or compensation or stock offers to profile CHIT  Stockmarketquarter has bought a position without restrictions and can buy or sell at it's discretion .

Stockmarketquarter.com 2021.

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Now that is fine,  but I like silver as a Asset Value addition to my overall portfolio and a great place to start your long-term Investment is ' Sprott Physical Silver Trust' -  PSLV -

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