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Naked Short Selling, not retail
The costs of shorting penny stocks is way too high. The pps goes down because the companies suck.
This covering proves how NSS's destroy the PPS of small companies, imo
Going private, so a buyout should be the ultimate outcome.
$SSFT
Didn't their filing Wed say they are delisting????
Congrat$ to you guys here...WOW!
Who knows! I dont care shorty gonna overcome all their volume anyway, great way to start the long weekend , with large wads of cash made!!!
How is this not on the buzz ticker or breakout boards
265% and rising, cover it shortie! Probably didnt go daily yet allowing one more day of trading or so to let all the shorts cover! There were a lot of them!
All those naked shorts that have been fing with us got a cover before it goes to the daily! The stock has been a great money maker over the years and it’s gonna end with the best yet!
Yeah, me too making good money up 150% on the day plus with the runs that we had before. I’ve made pretty good bank over the years on the stock and the end game is gonna be awesome.
Glad I took advantage and bought subpennies after yesterday's overreaction.
$SSFT
Doubled gains plus from low yesterday, nice!
Recovering nicely! Watching the daily, trading going to be over soon. But i like the set up. Lots of reasons quiet ill bet. This best path
Forward for buyout. Those cheaps yesterday were nice!
"in the best interest of all of our shareholders"... LOLOLOOOLLLL!!!! LIARS!
Subpenny trash!
Butt ... butt ... butt ... "it was QB!"
YEARS of "no negative ~OUTTlooks" and "growing and thriving" bullshit.
SSFT = Artificial Ignorance. Braindead crapola.
Total $$$ LOSS.
TRADING @$.0063 vs EXIT @ $.25?
"Interesting situation"????????????????? I warned and warned and warned! As did others!
Sonasoft Corp. Announces Intention to Voluntarily Delist Press Release | 02/15/2023
SAN JOSE, CA, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today, Sonasoft Corp., a California Corporation, (OTCQB: SSFT) (“Sonasoft” or the “Company”) announced its intent to voluntarily delist from the OTC Markets Group OTCQB market, forfeit its “SSFT” ticker symbol, and revert to being a private entity. Prior to taking this decision, Sonasoft’s Board of Directors faithfully exercised its fiduciary responsibility to weigh the potential benefits and risks of these actions. The board saw significantly more benefits than drawbacks, including anticipated material cost savings, a significant reduction in managerial burden and the potential to more effectively attract equity capital as a private entity. After determining each director was acting independently, the Board of Directors unanimously resolved that it was in the best interest of the Company and its shareholders to take such action.
The Company advises its shareholders that, after the delisting, its common stock will no longer trade on the OTCQB market, but may be quoted on the OTC Pink market, also operated by OTC Markets Group. However, the Company can provide no assurances that any broker-dealer will continue to make a market in its common stock or that trading levels, liquidity, or quotation prices will be maintained. The Company also cautions its shareholders that trading on the OTC Pink market may be subject to limited availability of information, reduced transparency, and greater volatility.
CEO and Board Chairman Mike Khanna stated, “The Board has taken these actions unanimously in the firm conviction that doing so is in the best interests of all of our shareholders. In the current economic environment, we believe that the company will have better prospects for long-term growth and capital raising in the context of operating as a private entity. We also anticipate a material reduction in economic and administrative burden to result.”
This privatization and delisting will take full effect upon the completion of the FINRA and OTC notification process, which will commence on Thursday February 16th, 2023. Shares in the company will continue to trade on the OTCQB until this notification process is completed.
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
Butt, butt, butt ... "it was QB!".
Whoops-oops!!!
Interesting situation! Buyout or merger coming? You don’t make a
Move like this for nothing and call it in the best interest for shareholders
Accumulating LOSSES just like this baboon scam.
The only reason to accumulate this turd is if the goal is to die with the biggest pennyscam turdstock capital loss carryforward possible.
Quite an accomplishment.
Accumulating while its down here, going to be great!
Thank you John! Hope all is well!
Yes, there were two closings in Toronto. CLosed January 5 2022 through March 2022, with partial open on January 31 2022 but not enough.
The Ford government put those restrictions in place on Jan. 5 to slow the spread of the highly transmissible Omicron variant, which touched off a surge in COVID-19 cases, hospitalizations and deaths.
FIS and Delaware Power Coop boith kicked this turd's braindead software to DaCurb.
Any AI customer’s who are using and paying anything? Should be time for ssft to come with new gimmick to get vol. up.
Much coming for Sona, if one follows all the seed planted over the last couple of years, fruition time is coming 2023. Looking forward to the next update!
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
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