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That’s what I really meant. Hopefully they’re sitting on some great news that they’ll share with us soon.
Actually, there has been no silence as they just had their earnings call. Unfortunately, they have nothing exciting to share
This silence from the company is killing the SP.
Nah, been out there. It is part of what is going on between the scenes as there is never support in the otc as that isn’t how the mm algos work
100K on the BID now. Maybe we’re getting some good news🤷♂️
June sometime! He certainly has no interest in working on the otc
When is the vote again? He seems to have zero desire to up this stock price before they do the reverse split assuming they still want to try to uplist to the Nasdaq
They for sure could be building an inventory but wouldn’t we need to see some form 4’s?
I think the technology is very good. Can the company and the mm’s be in cahoots together to keep the share price down?
Completely agree. There seems to be a disconnect though for some reason. Their earnings are only calling this company at 9 cents. Therefore, the market isn’t even pricing in the technology. Maybe the technology isn’t is great as we think, who knows
To me, it’s a stupid game he is playing. Even if he reverse splits, why would you want to reverse split at nine cents? If he can even pump it a little bit I’m sure he has some good news to put out of some sort and try to get the price up to 20,30 or $.40 and then split while on the OTC.
Me too. Byrne is out of touch a tad and only has stiffel as their one broker/dealer/analyst that covers them. The otc is a dangerous place for companies and I have seen many successful companies have their stocks eaten alive (slowly) by mms until they either have great news to move higher or do a reverse split. I will be shorting this ahead of the vote if I can because I don’t want to have to sell all of my shares as I know eventually we will be in a better place
Yeah, with the dreadful vote looming, I'd love to see some large insider buys to restore some confidence and hope.
I wonder who has it set like this? Even the mm know this is worth more than 9 cents
I hear ya. Who has a constant bid, now at 9? I wish these mms supported my other stocks like this one. Usually one way selling means down down down
Ceo and others should be sucking up the stock at these prices like a vacuum, instead they sell little by little.
Does not make sense
Yes a a game he could certainly win at and bring shareholders with him
He needs to read our post and get in the game . The otc is a game compared to the big boards .
The ceo needs to accept what is and treat this as the NASDAQ and normalize communication and market his products on the otc till ready for the upward move.
It may take time but at least he can get the price moving and get active discussions
I think the bottom line is ceo thinks the otc is beneath him and doesn’t want to play ball. There are many Good businesses on the top tier of the otc that make a lot more money than Sonx
Who knows? They do what they want to enrich themselves
I really hope they do the right thing for current shareholders, and hold off on the R/S and focus on increasing shareholder value on the OTC. Any chance they vote "no"?
The Company is evaluating multiple opportunities, which may include soliciting external investment or seeking strategic partnerships.
Same ol! Public markets are just for the CEO’s and others at the top. Trading down here one can’t hold, you have to take profits or hold your balls for months or perhaps years till there is a pop again
Acts just like a stinky pinky ! Darn shame . Bjarne not interested in sharing I guess .
How long do the keep it trading in this 09-10 channel?
Company seems intent on not communicating or throwing shareholders a bone
The reported earnings were actually pretty good ! They need to follow up with some good news and this will pop!
I do not either . It won't trade at that price. They need to toot their own horns here ! Let's go !
That is their intention and the vote is in June for a reverse split or not
I don’t see the reason for a split unless they are trying to get on the NASDAQ
Got to get this trading volume again . A R/S will kill it . Can't get people excited about a dime let alone 4 dollars .
More of the same . Need some PR's to rejuvenate their company period !
“Building on our learnings over the past two years, Sonendo has embarked on a strategic reset to align key priorities for the long-term health of the Company,” said Bjarne Bergheim, President and Chief Executive Officer of Sonendo. “We have overhauled our go-to-market strategy, created efficiencies within the organization, and pivoted R&D efforts in order to drive commercial execution, cash conservation, and margin expansion. I am very encouraged by early indications of the plan’s success demonstrated in the first quarter. The strategic reset has created a renewed energy within Sonendo, and I’m excited about the opportunity going forward.”
Yeah this has felt like root canal pain
Yes
Everyone loves tooth pain apparently lol
Nobody is bullish it seems
Share price Not looking good before filings
I agree. Very generic but I'll listen for a bit . A lot of blah ,blah ,blah lol
Odd time of the year to be selling for tax purposes, or no?
I think the conference will just be same status quo! 1 or two scripted questions
Yes I misread it . My bad . They must have needed beer money lol
Not yet . We will know tomorrow.
Well I hope it's good . I'm going to listen in tomorrow. Acting like a sub penny with lots to hide .
Something is going on, I wish they would let shareholders in on their little secret
My bad . I re read it . Sorry for the boo boo .
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