 All right traders. What's going on? This is Tosh. I go by T Bradley 90 in the my investing club chat And today we have a very special video from Matt who goes by Chicago trader in MIC chat One of our top moderators and he every Sunday puts together a fundamental series and today He's gonna do a deep dive into the ticker symbol PR PO and it ran recently So let's take a look also while this is just a preview of the full-length video if you want to watch the full length or any of our exclusive content that become an MIC member Hey, what's going on guys? It's Chicago trader checking in for the weekly fundamental video. I hope you guys have a nice Cinco-to-Mio weekend A lot of things moving this week. I want to kind of cut my eye As far as kind of fundamentally with PR PO One of the myriad of names that have had a recent resource split But there's a few things I want to go over There's a little bit of a deeper dive in it and kind of a bigger picture that I Kind of saw from a couple of the registration statements and you know kind of just behind the move So first off it's I'm trying to see PR PO Not really sure what they do. It's in healthcare. They've had a few PRs come out this week They're trying to regain compliance. I can never hold the dollar bid so they announced an expansion strategy and What was the last one was a hospital? Yeah hospital deal in Egypt So we've had a couple PRs and then the third one I guess they completed the NASDAQ hearing Do the reverse split? So coming in here it's a bigger company. I mean a little bit bigger of a company Then a lot of us, you know, a lot of the names moving You know when there's 11 bucks seems over a hundred million dollars market cap, but let me jump into it. So the last two registration statements S1 and S3 the S1 If you scroll down here, you can just see it's a resale secondary of 15 million shares Again, don't get that confused with 15 million dollars, but it's a Lincoln Park capital so if you haven't if you're not familiar with the name actually a Chicago based firm here that does a lot of securities purchase agreements or SPAs as I'll call them I'm not 100% sure if I'd went over them before but these are unregistered. Hence why this is an S1 so The original deal I'll get into it, but it's a 10 million dollars and basically how these SPAs work guys Basically that gives the company so PRPO just the right to put securities To the investor and it's at a maximum price. So it has a cap on it on how high they can Make to buy it basically, but yeah, they just kind of do it at will there are limits on daily and how much they can do But it's so it's kind it's very similar in nature to how an ATM works, but they're unregistered. So this once it gets effect They can you know dump these shares, but there hasn't been a whole lot of volume So this one's on a February. So you kind of come to the chart You know even since really August to April so I mean, you know one two three four five six seven months I haven't really been any volume from the dump it You know the things had a nice move from you know low twos hit eleven as a high kind of coming in It's near some daily resistance. Maybe some people that were back holding their cell on it, but regardless That's basically It with the S1 the s3. However, if you got that one pulled up. It's a little bit more You got to kind of do some You know deciphering of what it is So again, you got to account for the reverse split. So it was 15 to 1 So this one had let's see 42 million shares and 31 million were conversion of the notes and then the other 11.3 million of shares Are issuable from the exercise of warrants Hey traders, this is Tosh I go by T Bradley 90 in the my investing club chat Just wanted to reach out and say if you have any questions about M. I see Joining M. I see maybe you're a member already You have three ways to contact myself personally and through M. I see you can hit our social media You can hit me through pms and chat or you can contact us through my email at Tosh at my investing club comm That's TOS H at my investing club comm I will get back to you in a timely manner And I'm saying this because I'm here to help and I don't want anybody to be afraid to reach out and ask any Question that they have we are here for you guys. All right. See you guys