SNM Global Holdings (SNMN)

[User-65225]

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

[SIBA420]

I bought before Thursday and I'm happy with Troy snmn

[SIBA420]

Not a share has been issued snmn

[User-65225]

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.

[Gutts2318]

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.

[reeltech]

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.

[Gutts2318]

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

[User-65225]

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

[Gutts2318]

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.

[surf1944]

https://www.barchart.com/stocks/quotes/SNMN/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=SNMN&grid=1&height=210&studyheight=100

test of .0027 tomorrow

[Pharaoh-1]

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

[User-65225]

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.

[bigboard]

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

[Gutts2318]

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

[Gutts2318]

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

[User-65225]

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

[Pharaoh-1]

$SNMN Daily Chart bottomed IMO. Reversal time as we had a bullish hammer reversal candle. Many positive news are expected to flow following raising 1 million dollars for acquisition. Time for the trip to the top of the channel. Heavy hitters will come when the news hit driving the PPS IMO

[Gutts2318]

It's still 100%+ since I started posting SNMN chart everywhere since July.

[Pharaoh-1]

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..

[Gutts2318]

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.

[Pharaoh-1]

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...

[User-65225]

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.

[User-65225]

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.

[Gutts2318]

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.

[Gutts2318]

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

[Gutts2318]

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.

[Pharaoh-1]

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...

[User-65225]

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.

[Keano16]

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

[reeltech]

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!

[Gutts2318]

Looking forward to A/S news this week. That is all I will said. All the noise is now getting nervous b/c of A/S reduction PR is coming this week. Hence, trying to get more or back in. I will take 100%, 500% or 10,000%. SNMN will definitely make people money that bought in at this range. If SNMN or Troy sucks, then just find other plays... there are over 9,000 plays in otc. Don't be hung up on a bad ceo

Likes I mentioned, I think only 60-75M from long dumping Thursday and everyone was trying to find bottom aka 350M volume.


Mj, A/S reduction. Reduction to A/S is still a huge deal. A 6Billion O/s and 3billion float and it's at 0012 and people thinking penny. I think 1Billion float and 800m or less float should do at least that anyway with rule 144 locking 1.9B up for 3month min.

There is no guarantee. If we wanted to play it safe, then we all would have invested in Nasdaq not subpenny. Get that gambling blood boil up and lets go or go find what is more within that gambling blood.

Good luck all.

[Lv Planes]

IMO, Troy did EXACTLY what he had to do for the long term benefit of SNMN. Many posters here seem to think Troy should have tweeted or PR'd that he needed to lower the offering price to .001 to raise a million dollars that he needed to raise. So, if he did tweet that, many are saying you would have been happy and held on to your shares, LOL. Many would have dumped so fast and driven the stock even lower and then Troy would have to have given 2 billion shares at half the price he did it at. Oh, and by the way we now have $1 millions dollars of working capital. The mistake Troy made was tweeting at all about the deal, IMO. But he had to take what he could get for the first round of capital raising.

It will be easier when he needs money again as our SNMN share price should reflect the use of the $1 million of capital we now have to get some of our term sheets funded. Very few sub-pennies have a million dollars to work with and some good deals in the works too. Patience will pay off here, IMO.

Long and still strong, no panic selling here. Wish I had more money at these gift prices.

[Awl416]

I use to enjoy your posts here but you’ve pushed the limit...

[Awl416]

Maybe Troy will be sober come Monday and be able to go to the “office” since his Washington Redskins don’t play tomorrow....

[Awl416]

Lol Troy - the joy of running a company on the OTC market...

“I truly appreciate this shareholder. The horrible texts, emails, and messages I have recieved the last 48 is demoralizing”


Your soft as F

[Pharaoh-1]

I have a feeling that we will be pleasantly surprised by unexpected news and things will get back on track. Since I have skin in the stock, I will try to stay positive till things definitely materialize good or bad. The stock has been a target of negativity and I think that means there is a lot of money to be made here IMO...

[bigboard]

This stock has dropped from 0.0075 to 0.002 insane drop by any penny standard. MM have accumulated ton of Shares in last 2 days and ready for huge bounce

Expect bounce to 0.0036-0.0037 minimum
Most penny stocks bounce to 50% of high price after such severe sell off

Most bounce without any news because MM want to make money and sell these cheap shares they have bought. Look for Bid to start moving up quickly. In fact MM do that on purpose just like they were doing it while driving it down

99% of penny stock bounce to 50% , even scams, this is far better, and if you get news MM will pump 100% on little or no volume
Smart money does not get caught up in emotions but looks at opportunity

Dumb money thinks it will keep going lower and instead chase it much higher
This stock is now extremely oversold and ready for 100% bounce from the base
My guess this will hit 0.0037 - 0.0038 on bounce

That's the nature of penny stock markets
Bounce are vicious, this was at 0.0075 last week and heading to minimum 0.0037 on bounce. 50% retracement. The smart money knows these things and that's why you saw massive 10-12 million buy blocks around 0.0019-0.0022

Next week bounce starts
Good luck
Don't get caught up in emotions
Think practical and play penny markets without getting emiotional
Nothing goes down straight and now these guys have million dollar and any PR will create vicious bounce because it has dropped too much in short term

MM will rapidly move the stock on low volume, nowvthey havevshares and move ask rapidly in next few days
Watch how it unfolds

MM are not one way street, they have to sell these cheap shares and make money
They know how to play this game

Even with junk stocks, this is far better than most garbage OUT THERE with 6 billion OS AND STICK AT 0.006, last quarter revenue was 0 and market cap 70 million on all hype
Check out bvt@

Good luck

[Pharaoh-1]

Check the stock price two months ago. The stock has moved a lot. Regaining 0.005 is a great start to launch, but lets get there first. The market has been shacked by last move from the company..

[otc23cal]

From what it’s sounding like people are anticipating the good new to take us back to .005? We were already there. We are just retracing our steps instead of climbing the mountain higher. That is where pessimism gets the best of me

[Pharaoh-1]

I really appreciate your enthusiasm-optimisim is a virtue. After things start to settle a bit, I am optimistic as well. I held through last Thursday, but I was not really happy at all. I believe that he will rectify the ship. I hope that this was a good lesson - much better communication is needed as the CEO seems to have some enemies. I hope that he regains the lost trust ASAP.

[Pharaoh-1]

Lets go Mr. Troy. Time for actions-that tweet was a great start especially when be followed by action. Market will remember the most recent positives and all rest will be forgotten. A couple positive firm confirmed news will put us back to 0.005 IMO in a flash..

SNM Global Holdings
@snmglobal

Expect official AS reduction news this week!

https://twitter.com/snmglobal

[Going for gold]

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.

[Going for gold]

What about the 506. That is how we were supposed to have raised money to fund the first couple of purchases.

[otc23cal]

what facts do you have to support this can't go to .01+

[marknet]

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.

[kl11i]

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.

[SIBA420]

What do u mean we just started. The chart will be fixed next week watch . Nothing over night bro been n since 2016 feb

[kl11i]

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.

[otc23cal]

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.

[SIBA420]

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