Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
September 13, 2017
CEO Troy Lowman Discusses Filing of the Reg A+ and the Potential Assets to Acquire
Miami, FL., Sept. 13, 2017 (GLOBE NEWSWIRE) -- Troy Lowman, CEO of SNM Glogal Holdings (OTCPink:SNMN) interviews on the Uptick Network Stock Day Podcast with host Everett Jolly. During the interview, CEO Mr. Troy Lowman elaborates on the potential of the Reg A+ in funding seven term sheets and the properties in sight of purchase. Mr. Lowman overviews what funding the term sheet for Funky Biscuit means and how this could be a great asset to the Company. Mr. Lowman reviews the elimination of 70% of the Company's float, where the shares are at today and the positive effects this has on the company and shareholder. Furthermore, Mr. Lowman discusses the potential in selling the Reg A+ and what this will do for investing in the Company assets. In closing, Mr. Lowman highlights his goal of up listing the company and where he wants the company to be at in the next three years when acquiring the seven assets.
In a final closing statement, CEO Troy Lowman states, "We are only going to invest in things that we feel are revenue producing and attractive to the SNM brand. We're not really looking for something that has a lot of money burnt into it, an intellectual property; we're buying real businesses that we feel have potential and have the real revenue base that will get us to a higher exchange."
To listen to the full interview please click here or use the following link: https://upticknewswire.com/featured-interview-ceo-troy-lowman-of-snm-global-holdings-otcpink-snmn
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Sigh... working capital aka money going into Troys pocket.
Ive been saying for weeks the A/S reduction was going to be minimal because of all the new shares that are to hit. It's comical how people were predicting what Troy might drop the AS too without knowing anything. Troy does not care about any of his shareholders, he's only out for himself. Count on that.
anyone notice the gap up from .0025? the gap had to be filled with the pullback. which it is now. Such heavy pullbacks are followed with a spike straight up. hopefully we should be back in .004s-,005's this week alone
SNMN has better chance of making money from current level than anything trading above 0.02-0.03
I have seen many stocks now DEAD money at 0.10, if they have any small rally, it never lasts..
Anything that's 0.1 barely moves...absolutely dead
Pool of buyers is small and no one is interested barring few die hard fans..Penny stock market is not DESIGNED for high priced stocks, anything under sub-penny to 0.03 has better chance than junk above 0.1,however you can lose pretty fast on that kind of high priced stock since it has long way to crash even small hiccup. You can lose almost all..Huge risk
Not many people invest in 0.16 stock and odds of making money on that kind of high priced junk is pretty low now
Not many buyers, very limited pool of buyers left and volume is not even million, sadly people sell on BID on these high priced stock
Most of these stocks go nowhere and rot for many months
I would never touch such high priced junk especially on PINK and OTCBQ
May be Nasdaq worth thinking..
I would rather make 1000% on stock like SNMN than junk trading at 0.16 and make a 10% and potentially could lose all money
The risk on 0.002 stock is pretty low..and you can easily make 50%, imagine the odds of 0.16 stock going to 0.23 to make same money...LOL...may be next birth..if there is rally, it won't even last..
Dead money for anything above 0.1 in pennyland
Only die hard fans and la-la land people invest in those type of overpriced junk for pennyland
Heck this stock was at 0.0024 last year with NOTHING, only as MJ play and no product !
Now they have 1 million money and ton of things
Buy anything under 0.003 and ride for rest of the year
Downside is very limited.
The latest dump was BEAR RAID !
period
Now MM accumulated the shares and pump it hard
Expect 50% bounce minimum
shorts will cover and MM will pump hard to sell this 0.0018-0.002 shares
Always happens in pennyland, you get massive bounce when you see doom n gloom messages
Best time to buy ! is when stock drops 70%
Nothing like it.
You will get MINIMUM 50% bounce
works like magic
Well I can't wait for next week cuz your post right here will be proven wrong. Snmn Since 02/16
Looking forward to a huge week!
Share Structure
Market Value1 $2,385,382 a/o Oct 06, 2017
Authorized Shares 4,000,000,000 a/o Nov 08, 2016
Outstanding Shares 1,094,211,721 a/o Feb 27, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 30,701,119 a/o Jun 27, 2010
Par Value 0.001
No, that post was based on historical facts, not opinion.
This is your opinion, which I completely disagree with. Everyone has his own view in trading/investing. I am not interested in forcing my views. I believe that I will make great money here and nothing will/can change my opinion. Cheers
For me, what I like about it is that the percentage that can be potentially made as a ROI is far better than stocks trading in the 0.10-0.2 areas, no doubt in my mind
You need to dd some more no shares have ever been issued since I've been here and I got here Feb 2016. Not one. Go look at the court stuff that happened and the move towards today. U will see ur wrong very wrong
It's been right at a billion for as long as it's been since we went to court to reduce 2.2 billion which we did. This was 3.23 billion.
Then how did the OS get to 1 billion shares? Who dumped all the stock into the float?!
Nothing has been achieved with the first billion issued.
Why are you comparing this to other companies? Again, each story is different
Just because one company can maintain a certain price with a large OS, does not mean another company can... theres a lot more to compare than just the share structures. This company has zero assets, zero cash, zero revenue and a bankrupt CEO. Theres nothing here but nothing vague press releases. Are you comparing these aspects as well?!
At a certain point, some stuff become repetitive and discussion can be fruitless. People don't invest in pennies, they are here to make money and move on or reinvest at lower prices again and agin. Surprise!!
They probably needed to dump the hundreds of millions of shares issued in the past, before they started diluting more.
Where do you think the float came from??? Did it just to magically appear at this level one day, without any shares being sold?
Do you think a guy that’s in bankruptcy and foreclosures is working without any money coming in for this long. lol
The acquisition with revenues will overtake all of this dilution if it occurs, which is not even verified so far, nothing is free. We take lawn to buy houses, cars, open business, etc, I am not sure what do you like about SNMN. For me, what I like about it is that the percentage that can be potentially made as a ROI is far better than stocks trading in the 0.10-0.2 areas, no doubt in my mind. There is a lot of Money that can be made here. It is about timing, risk tolerance. All pennies are risky, but IMO, this is one of the best at these ranges as there are many potential big news expected.
I understand dilution has its place, but this particular deal is the worst type.
Again, why sell the farm at the very lows?! Why not allow the stock to appreciate and be able to raise more money, with a lot less shares, as time goes by?
Why does he have to acquire seven horrible companies at the same time? Why not sell a couple hundred million shares and get one company rolling, then as it starts to add value to the stock, use the appreciating equity for additional acquisitions? None of these companies are so amazing that he has to get it done right away... If they were great companies they wouldn’t be waited around this long to be acquired by a company was zero assets.
IMO the only reason why he announced all these acquisition deals, is because he needed TOPICS to pump.
Does anybody actually think that an MJ company would let this POS touch their cash?! LOL
I bought before Thursday and I'm happy with Troy snmn
Not a share has been issued snmn
They have debt that converts at very favorable terms. This could be worth a billion shares alone. On top of this new dilution deal.
This past debt converts as soon as they start drawing on the new dilution deal, see the terms listed in the filing.
All this dilution is about to hit at once, at the bottom of the chart.
Still waiting for that mass dilution going on with SNMN. Where is that source showing troy SNMN had been diluting massively? I wants source not make up info. I'm still waiting for it? B/c Bunch of Nasdaq stocks had 5Billion shares and half of it already in float. Should I be afraid of the other 2.5billion dumping?
heck, should I be worry about a stock with 600M A/S while O/S is 473M but float is 266M.
In my book, should I be worry about 200M aka almost double the float be dump into the float? I know what I'm dealing with. I'm not trying to thinking SNMN is a 10cent stock or a 5cent stock or a $1 stock.
For a .002 to 01, it's right in line with every stock in that price range.
Penny Stock + Questionable Management + OTC = Craps Tables. We're just rolling dice here folks. It's almost impossible to justify or verify the actions of these organizations. These stocks are simply vehicles to try and make a little profit. Sometimes we win. Sometimes we lose. When we lose, we go look for another opportunity.
Uhhh soo? Uhh another stock with 5Billion O/S is at 006. Oh wow, SNMN will be almost half of that so I guess 008? That stock had been at 005++ for 6months. I love spending my time on SNMN. Glad I own shares in SNMN
Uhhh, the OS is about to balloon by billions, priced near the bottom of the chart. Isn’t that enough proof?
Again, let’s not put lipstick on a pig
Back up that claim? Many Nasdaq stock got over 2Billion shares and it's all diluted. Right now Troy has zero. Everyone that bought into SNMN since April should already know 1Billion+ is on the table to be sold. That is even before Thursday. Give me data showing Troy will dilute? B/c So far his record with SNMN the last 18month is all about cleaning up SNMN. So far I could verify most of his activities.
This is like telling me not to buy certain stock b/c Bill Gates was a drop out.
This happens everywhere. You have never experienced any Pharma stock in big boards dilute the heck of the stock. I can pull tons of charts for you. You have never seen this with any other penny stock?. You have never seen this with companies used ti trade over $100 and collapsed to $20 and $30. The stock will recover and the curve is still up. What matters is the timing, the odds for this one is to go higher with the news, my opinion. Mistakes in trading can be done in any stock by buying at the high. I know stocks where people bought in the 0.20s and the stocks collapsed to 0.15, this is life in trading
Why do people always try to justify mass dilution, by comparing it to another crap stock with a larger amount of shares outstanding? lol
No matter how you slice it, this is a horrible deal for everybody involved, other than insiders who need $$$ to support their Bankruptcy and foreclosures.
Many penny scams with 6 billion is OS are trading at 0.005-0.006, no revenue, all hype, look at bv@tk
They keep dumping 300 million shares a month non stop
CEO keeps pumping on Twitter
This is real with million dollars in pocket now
And maultiope types of businesses under the wrap
No dilution. Prove it? I got Finra data to show no Dilution in the last 6month. Lets stop posting fake info now please. I will even go 1 step higher b/c I can. Total dilution in the last 18months for SNMN is around 18M in a span of 18months and last 6months nothing
SNMN
I will be waiting for the data that show Dilution and I mean massive dilution when troy took over. Back up claim with source please. I got Finra telling me other wise Thanks
SNMN
It don’t matter?! Tell that to the investors that were buying before Thursday.
None of these recent buyers are going to be in the stock long term. They’re all bottom feeders/traders. Not many take a long position after such a blatant screwing.
Theres gonna be a lot of shares fighting to get out of this into any upward momentum now. There’s nothing good about this company: Mass dilution, zero revenue, no assets, desperate/bankrupt CEO, horrible acquisition targets, vague/poorly written press releases, etc
Do you know that this donut company tried to expand already (twice i think) and it failed in one month?... Why does no one care about the terms of the deal? Why is the CEO hiding this very important info?
I agree that money could be made trading any penny stock, but we don’t have to hurt other people by convince them that this is anything other then a horrible company. Let’s be honest
It's still 100%+ since I started posting SNMN chart everywhere since July.
Two or three positive releases will erase all negativity. Despite the PPS drop, the price still far higher than before. Now the chart is reset and ready. Optimism button is on now, especially after I see the attack on the stock..
Pro and Con is there. End of the day, this is subpenny stock. This is OTC. If that isn't the biggest red flag, then nothing else would be the big red flag. Every brokers warn me before I ask them to lift the penny stock restriction. Telling me OTC is a dangerous place. Told me to be careful and Nasdaq is safer. If a $billion broker even warn me and I ignore, then I think I got this. No need for anyone to hold my hand.
So far, SNMN I could verify many of the things Troy does through 3rd party sources that he has zero control over. Risk? Sure, it's Subpenny. DUh!!! Risk vs Reward. SNMN has higher chance for reward than risk. That is simple as that when trading OTC for me. 10Billion O/S, yeah the risk too high for me. I'm used to 5B and under and had been in many that ran 1000% for me. SNMN is much lower in my tolerance for risk.
Happy Sunday.
Again. nothing of these matter. People will buy this stock whatever is being said or done - there are heavy penny investors who don't give a crap about anything other than making money, and money will be made here. I can find disasters in any stock and particularly overvalued penny stocks that run hard and high on speculations, but the reality is my opinion is not important. This stock will double very soon IMO. After it doubles, the posts will be about how this happens...
Odds are, the AS is going to be higher than 4 billion in the future. Any reduction is only temporary... Its an obvious ploy to sucker investors.
Anybody that has studied thousands of penny stocks, as I have done over the decades, knows I’m speaking the truth.
How convincing do you think this AS reduction is going to be, when they have about 3.5 billion shares committed to being issued? How much can he reduce it from 4 billion?...
When this news hits, I bet all these traders loading these levels will start dumping into it. It’s obvious that this is a ploy to cover up for this massive dilution.
An AS reduction at THIS stage is not a legitimate/justifiable business move. Let’s not put lipstick on a pig.
Either buy SNMN or not. Simple as that. A/S reduction and SNMN float is still the same. The same float that ran 900% since July. This time most of the deals are getting finalized not still in limbo.
Troy did few longs a huge favor by not even bothering to tweet anything until Saturday morning. Now we see A/S reduction news is definitely coming this week. And we see the board shifting, more are trying hard to shake and posting useless info from 2013. Glad Troy didn't drop out of college, or else it would be why buy stock from a college drop out. Then we all remember Bill gates and his past. A dropout.
snmn
No need to justify. Either buy SNMN or go DD on a new Stock to trade. Simple as that. 9000 OTC stock don't waste time on a bad stock. Simple as that. No one is even posting on any board regarding SNMN or telling anyone to buy SNMN. Simple as that.
What is important is that the PPS will move up with the upcoming news IMO. Nothing else matters. The reason we are all here is that there is Money to be made-this is not a big board stock. It is far easier for a stock to double from 0.002 than from 0.15...
Are people really trying to justify this?!
Selling the farm at the bottom of the chart is “exactly” what he had to do?! I 100% disagree... This is blatant mismanagement
A#FE was at these levels and has achieved significant amounts more with the fraction of the shares, because they chose to only dilute when necessary/prudent, especially while the price was at the all time lows. Because of this, the stock is up thousands of percent over the past year and holding.
Why Is Troy trying to acquire a half a dozen crap companies as such destructive price levels?! Why not acquire one, use the hype of that deal to move the stock up. Then acquire the next one at higher price levels, reducing the dilution with each acquisition, while maintaining growth momentum?.... Instead, he’s locked every deal into a .001 price, which is just a few ticks off the all time lows. This is absolutely stupid
It’s starting to look like this dilution deal is about hooking up his family and close friends with cheap shares they can dump into the hype.... I’d rather see him directly issue shares for these acquisitions, instead of raising the money at the lows. The people selling these company might hold onto the shares longer than three months.
Has anybody actually looked into the companies they plan to acquire? They’re all crap. I have yet to see anything that suggests this guy has any business sense.... In fact, It looks like he’s a blatant pump and dumper. He always leaves out significant details in each PR. What are the terms of the donut deal?! How can nobody know this VERY Important info?!
For someone to sell the farm at .001, it tells me they don’t see much value in their stock long term. This is absolutely the worst way to try and grow your business... Long term, the common shareholders are toast here imo. Don’t fall in love with a mass diluting POS ran by a cash starved CEO with bankruptcy’s and foreclosures. He’s likely pumping and dumping to support his personal failures. SNMN appears to be his only source of income, which has zero revenue and only a couple hundred dollars in assets. Desperation can lead someone down a dark path.
This is why investor sentiment is important even in pinkyland and how easy it is to read flippers and baggers pumping a bogus deal. Before you pump next trading day, prove your ownership
I'm holding 1.2 million shares averaged out at .005. I know, not very good, but the 61% drop Thursday really caught me off guard. Anyway, while there are tremendous gains to be made in these pennies and sub pennies, (boiler room scam or actual company trying to do right)the risk of losing it all is real. Holding hundreds of thousands or millions of shares of one of these when they are climbing rapidly is exhilarating. I've experienced this on a 10 bagger not long ago only to lose most of it while having visions that it was going to make me a millionaire. Of course I should have taken my profit. I know that now. IMO, these "pump and dumps" as we like to call them, will keep coming from now until the end of time. In general, the principals of these "companies" are shady and have cloudy business histories. That's OK because all we're really looking for is some profit. Seriously, how many of us will ever use or buy the goods or services of these so called companies. If you happen to hit the .5% of these that are real, it could be a zip code changer, and that's a pretty cool thought. I only use my "Vegas" money with these. Generally, the odds here are pretty much 50/50 with limited losses. Not bad. Much better than Vegas. I admit, this one caught me off guard and it did hurt a bit. Like most of you I hope to recover my initial investment and move on. Keep trying and stay out of your 401K's! Go SNMN! GLTA!
Followers
|
428
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
63509
|
Created
|
02/08/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |