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On another note if I was asked to invest a million dollars in this company with a pps of .005 I would want a billion shares to. That is just smart investing.
What about the 506. That is how we were supposed to have raised money to fund the first couple of purchases.
what facts do you have to support this can't go to .01+
Upped my bid from .0011 to .0015. This should get seriously pumped soon but I believe true value is much closer to .001 than .01. This will give me a smidgen more shares than I had before Thursday's train wreck and I'm willing to gamble in the .0015 range. Not paying any more because this can just as easily go to .001 as it can to .005. AIMHO.
I was not here at the beginning of 2016 bro but I am heavy in now. I sold but bought back 1.8 times as many shares already and will be backing up the truck the next two weeks here. I am grateful for the opportunity and am still going to TRUST Troy!
I am looking for over a dime a share by April 2018 at the longest now.
What do u mean we just started. The chart will be fixed next week watch . Nothing over night bro been n since 2016 feb
SNMN is still going to silver per share bro. Watch how Troy turns this lemon into lemonade bro. Have faith just a bit longer. We had to get rid of a few bad apples here.
I also like to think we will see .10- .20 I really do. But we are struggling progressing into a penny. It will take some serious game changing to reach a dime at least.
This week get ready for the Prs to start. And if they don't I will never post here again. This company has much price to go up massive runs will happen and I'll still be here. Snmn is going to be bigger than MWIP was and that co only had a MJ payment system. No movie no tv show, no restaurant, no doughnut shop with booze and chicken which will be awesome in KC I went to a place that is the same this and its like a start bucks but with booze and doughnuts. Line out the door at 11 pm on a Thursday .
We have so much and u think this is it that this company paid to remove 2.2 billion then going after another220 million in court to end it here lol great real people
I wouldn't sell for a penny but that's me. I will sell in the 10-20 cent range and that's going to happen. Maybe not tomorrow but will happen. It will have to or Troy fails and I believe he's not going to let that happen before .10-20
I told everyone that's what it's was a massive flip. Most got played here. Took the first thing they could spin - against the coming to pull it back. Snmn birthing has changed
From where I'm sitting, that's four times my money. I'll take it.
Spot on post. Personally I think there will be enough positive news to pump this junk back to .005. Especially since a bunch of longs including myself got flushed out. Only questions for me at this point are if and at what PPS to reenter?
Your guess is as good as mine. Never get a real PR here only tweets. You’ll make money here if the tweets can get the hype up.
How can you trust anything Troy says now, he didn't mind screwing the longs here what makes you think he wont do it again.
True, breakout board flipper crowd, when does the Billion shares hit the market ??
Ceo has been working on his master plan for a long time. There is no way he wants to be seen as a failure. Lots of surprises on the way and I'm stoked when it all comes together.
The most reasonable and logical guy on this thread is saying this thing will hit .01 tops. Wow. What a F@$king waste of time. Give me my .01 and I’m never looking back. F@&ck this company
If this is true then what that was just a massive panic selling? Glad I added on the dip! SNMN
This will set most of you all straight "yes, I will screenshot share structure on Tuesday to show no shares have been issued yet"
Per the snmn twitter
Really good and well balanced post. Bro I'm completely lost here. I went all in at .0032 and added some along the way up. I swore I'd never get shaken but by the time I was able to log on Thursday and saw this shit dropping like a rock down a well down into the the .002s and the news of a billion extra shares hitting soon I panic sold. I'm down a couple grand or so which really sucks but I see more tweets coming to pump this back up and honestly trying to find a good reentry point but would have to dip under .0015 to get the million and a half shares I had before this crap. Might miss the ride back to .005 or so which will suck but I don't see this ever coming close to .05. Trying to decide whether to buy back in or try to find more solid play. Thought this would be the play of the year which is why I added in .004s instead of doing the smart thing and taking some profits. Live and learn unfortunately.
If this doesn't hit AT LEAST 5 cents this will feel like a waste of time. If people are saying .01 thats sad some companies hit .005 to .01 in one day like BYOC. just wanting patiently
Just to be clear, I neither like the CEO nor trust him. I just believe that lots of money can be made here. I also like to argue with balanced views...
To cut it short, the stock will go up with any positive news and massive money will be made. This is my opinion as there is no rule apply to any penny regardless with the SS. It is all about timing if it is even a scam. People will come and invest with the first positive news. If no news, it will go down. End of story. There is no need for back and forth. Pennies move by news...
I don't agree basically with anything you said. The reality is that in pennies, tons if money can be made scam or not. No one can argue with this fact.
Well the owner of it was on the news and stated snmn and so was Troy on the same news Broadcast
Massive weeks coming snmn
I'm a long and still have sold a share of snmn u will see y soon
I'm not going anywhere and I've been here since feb 2016 snmn
The AS reduction is just a BS pump tactic to try and divert people from the fact that he has committed to about 3.5 billion shares outstanding.... Not including the preferred conversions
How much could he reduce the AS?! A few hundred million shares? Does he really think that will excite the market?...
Its an obvious ploy to divert peoples attention from the mass dilution. This CEO has a long history of bogus claims, bankruptcy, foreclosures, etc. He’s desperate for $$$ and will say/do anything imo
They won’t ungag the TA. Not with the OS about to balloon by billions of shares.
If the Longs are bailing, that means it’s filling with traders looking for a quick bounce. Theres going to be a lot of people competing to get out into any increase now...
How much DD he have you done on this CEO? I recommend doing it
New Tweet regarding AS reduction. Things could get interesting this week
If this tweet doesn't materialize, I would have a firm and clear idea by then about this company - this will tell me all I need to know. We will see what are all these tweets about: real company or ......I am not sure how the AS will be reduced, but we will see. It is time to rectify the ship.
SNM Global Holdings? @snmglobal Sep 20
Look for TWO big openings from our 7 underlying companies in October as well as more MJ news and a more detailed picture of reducing AS!
https://twitter.com/snmglobal
TA needs to be ungagged IMO. The market now has doubts about the CEO, and this action might help to instill some confidence so that we can know whats going on and where are all the available blocks for sales coming from..
I agree with all of your logic in your balanced posts. The only problem is that he changed the term of dilution. When you had an initial idea that the dilution will occur at 0.01, that means everyone who bought below this value will make money. Now, the value of the dilution was almost 80% of what the stock was trading, thus the panic as not everyone here bought like yourself in the trips. This is why many are willing to gamble close to the offering price, and not higher, since they might have a better chance to make money. Look at the change of the board now and this is an outcome of his poor move. The way he dropped the news was one of the poorest I have witnessed.
In any case, it will take time to either regain trust or completely lose all the remaining trust, up to Troy. His actions, will either invite investors who hold for long time back or lose the rest of them. Let us see the decrease AS reality and lets finish up the 7 acquisitions he mentioned in his latest tweets that will be funded. Action time. Like he was very quick in filing this dilution stuff, he needs to be quick in filings the positive things as well for credibility.
I don't agree at all - most of the heavy longs here disappeared as they sold out and they were holding millions per person. The stock will rebound although I am not excited about anymore like before. The rebound will not be as expected also before, but there is money to be made and this is the name of the game.
I am having a hard tme finding info on the Donut deal. Just some PRs about the opening... Where is the substance?! What did investors pay? What do they get, etc? What do the past revenue figures look like? Nothing worth bragging about?! Positive details are ALWAYS spelled out in PRs, theres nothing?
BTW, it looks like a chunk of stock will soon be paid out for past debts as well... This could be a conversion in the trips. Pretty sweet deal, for them...
NOTES PAYABLE
Note 5.
During 2016 and 2017, the company sold $405,000 of agreements for future equity. Under the
terms of these agreements, if there is equity financing before the determination of the agreement,
the company will automatically issue to the investor common stock. The number of shares of
common stock issued shall be equal to the purchase amount divided by the discount price. For
every two shares of stock issued the investor shall receive a warrant with an exercise price equal to
the discount price. If there is a liquidity event prior to the termination of the agreement, the investor
at his option will receive the purchase amount, or automatically receive the number of shares of
stock equal to the purchase price divided by the discount price. The investors' shares are locked up
for three month after a public offering and then may be sold subject to the volume limitations of
Rule 144.
From 2pm to 1030Pm DD on SNMN, I'm getting tired. I will go to bed. I don't have such luxury to keep DD on SNMN. Hopefully monday will correct the Chart a bit.
No clue why I even talk about this when it was actually my least favorite in Troy acquisition.
Here goes - Any common sense would know that you need to sign a lease for naughty girl shop.
Security deposit + 12month lease. Typical would be $2k-$3K a month for business front. All the inventory, the worker to remodel and such = $10k min. Anyone hired people to do a bathroom remodel? The kitchen is where it will cost a bit too.
Need upfront money to do all these. And they got upfront money. Just simple read and we already looking at $2k rent since May or july? = $6k to $12K rent. Already looking at $40K+ expense. Anyone wants here dropping that kind of dough? Money is there.
Do you have the proof to back your claims, please?
BTW, Im on the West coast. Still early here
Keep up the midnight discussion of SNMN. I love reading all of them pro or con. To help me better understand the recent filing. I'm here all weekend to discuss SNMN up coming A/S reduction PR, MJ news, finalized funding.
SNMN
Rather be optimistic in what you hold then be pessimistic, imo. I will wait for this to go back to 20M daily volume. I think there was like 50M to 75M dumped by long Thursday and people kept trying to find bottom/flip. Just need to weed that out and let the dust clear. Only pessimistic from me is, Troy sucks at PR. Haha... not once has his PR make PPS jump really good like a typical scam stock. It's always red. 1 time it was green but 3%. But yo never know, now we have different type of fish in this pond. Where PR should jump it
Its possible that $150,000 is how much they did during the first 5 months of the year, or annually... but there is no logical way they do that per month...
It shouldn't be called a "Fact"...
Look at what other popular/high volume fast/casual franchises do in sales. NGD's does LOW 6 figure per year, no doubt...
http://www.statisticbrain.com/restaurant-franchise-sales-statistics/
year chart shows a consistent gap up followed immediately by a strong pullback up to higher levels. Maybe this is just the next step for the next big run, Maybe my optimism is getting my better judgement. well see
Lets keep discussing SNMN at midnight. I'm glad I'm not the only one that reading SNMN filing and dicussing pro and con of it. I'm glad I'm not the only one has money in SNMN to be wasting my time at midnight instead of going to sleep or at the bar drinking with friends. Next week hopefully Troy will release the A/S PR. I always thought it would be like 1Billion. Somehow other will still looking at A/S reductin as negative going from 4B to 3B. However, going from 10Billion to 8Billion look more attractive on certain ticker recently.
have a feeling we may see one those famous Long green candlesticks SNMN is known for in the next weeks.
Look at selective on this board, Oddly the 1.9Billion shares is real but the $150K funding is false. The IMBD $1.5Million is false. If I don't trust a CEO, then I would said everything is false. I would think Troy would BS and tell everyone it's 500Million shares not 1.9Billion. We all been in one of those where no CD but end up getting reamed for 1Billion to 5Billion dilution.
snmn
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