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Heating up nicely! Loved collecting all the cheaps thanks! Ready to roll, been a bit since the last PR I expect the company to drop some solid meat soon enough!
On a roll! Lets keep it going, loaded up nicely and a long way to go on the upside!
Nice Day $SSFT!
Looking forward to more
FIS kicked this turd‘s braindead, ineffectual software to DaCurb. And evidently the tiny Delaware Electric Coop has shitcanned it also.
This turd has nothing marketable except endless printing of oodles more shares as they just raised the AS for common and issued over a million new CONvertible preferred shares (that CONvert at 100-to-1) and a shitload of options to insiders.
20 employees, three of which are from the same nuclear family and additional ones are from the extended family.
Oh what SCAM!!!
YOooo Sonas! Obv been posting elsewhere but wanted to stop by hub and see what up! Looking forward to this gaining steam SOON! Lets go SAIBRE!
SSFT = Artificial Lack of Intelligence
Sonasoft Corp Sells Cornerstone to Focus on AI
SAN JOSE, CA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Today, Sonasoft Corp (OTCQB: SSFT) (“Sonasoft”) announces the sale of Cornerstone Tech Inc. (“Cornerstone”), its wholly-owned subsidiary, for aggregate cash consideration of approximately $730,000. This all-cash transaction is the final stage in Sonasoft’s pivot to an all-AI company. Cornerstone was acquired by Sonasoft in 2019 as a transitional step towards this goal.
“In addition to this sale, Sonasoft has also been successful on the capital raising front,” said Robert Baumert, CFO of Sonasoft. “Specifically, we recently closed funding on the sale of $1.5M of restricted common stock at a per share price of $0.05, as well as a $1M round of preferred stock at a per share price of $7.50. This is in addition to the $999,999 raised through the sale of preferred stock in Q1 and Q2 at a price of $5 per share. We have also continued eliminating debts, converting all convertible debt instruments into preferred stock as of the end of the third quarter. Since the beginning of 2022, we have successfully eliminated more than $10M in current and long-term liabilities. As a result of all these activities, Sonasoft enters Q4 with a significantly strengthened balance sheet.”
“The sale of Cornerstone allows us to double down on delivering AI solutions for our core markets,” said Mike Khanna, CEO of Sonasoft. “The AI and engineering teams have been working hard to refine our SAIBRE AI ecosystem to ensure it is the best-in-class platform for our customers. Following the Cornerstone sale, my executive team can put all our efforts into supporting these core activities.”
Dr. Caroline Zaborowski, newly promoted to CTO, says “My whole team is now free to focus on delivering the best possible AI solutions for our customers. Currently, our primary targets are the health and entertainment sectors. These are hugely significant sectors where AI can make a truly transformative impact. Knowing that the whole company is now free to concentrate on the core AI business makes my life a lot easier.”
About Sonasoft Corp. (OTCQB: SSFT)
Sonasoft was founded in Silicon Valley in 2003. For more information about the company, please visit: https://www.sonasoft.com
Sonasoft specializes in building end-to-end AI applications supported by the SAIBRE AI ecosystem.
For investor-specific information, please visit: https://www.sonasoft.com/investors/
Investor Relations Contact
Josh Rose, Chief of Staff, Sonasoft Corporation.
Phone: (408) 708-4000
jrose@sonasoft.com
Absolutely not! Going to run again,
Much happening and we will hear about it soon!
$SSFT
I’m starting to think this company has fizzled out unfortunately
Getting set for another run but higher chance this run its never looking back! Looking forward to the next update!
This is holding up pretty well I must say! Something is going to happen here imo in a big way.
Next run coming, Going to be great. Looking forward to it news on the SAIBRE contract and developments coming. Still pulling in millions in revenues in the meantime!
Lets get that update on SAIBRE! Much happening with Sona, cant wait to hear about it!
Really plow lets lite this friggin candle once and for awhile
picked up a few today, accumulating! Ready to run again! Looking forward to the next update.
Nice Bidder! Oct could be a great month here, much happening and its ready to run again!
Damn so when will we see some volume again here
SAIBRE and SSFT going to bring it, all the developments have had long cycles but fruition is coming and it will run again!
Looking forward to the next update and all things SAIBRE
Good morning! Let’s have a solid day!
GM Sona Fam! Looking forward to company's next AI moves! Feeling goood here! Ready!
Next run will come, stable after some lows and waiting on next leg up. Looking forward to the next update!
Oh yeah it does! Ready to run again!
Glad you enjoyed our fair city. I thought you lived around Everette?
It was awesome. Wish we could have gotten together. I know Everett well.
How was Juneau Russ? Funny! While you were in Juneau, I was In Everette.
Let's get it done Sona! FINS getting clean, looking good and looking forward to the next update!
Absolutely. Buy straw hats in January.
lol, I wouldnt call it a funeral by any means. We have come off the bottom and ready for the next run! looking good, excited for the next updates!
$SSFT
Sell at the wedding. Buy at the funeral.
$SSFT
Come on, $779 $volume between 7 trades...da play'rs have discovered ssft!
So glad I sold @ $.25.... What happened to the goog contract....THAT WAS HUGE! LOLOLOLOLOLOL Or, maybe not so much?
UPDATE: very little ssft buying, even down here!
Looking forward to the next update!
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