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.
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.
Nope, many more were added. A couple (literally) of 3's went and many 2's were hidden under the very typical 10000 number. We will see, but I would expect the same without substantial funding news.
All depends on how many 2's are hidden or get added along the way. Gonna take some financing news and an explanation of the share increase to move through them for good.
Here's a better one....
Exactly, they CAN be logical. Now we wait to see if they WILL BE logical...at least for those who currently own common shares.
Good post, except soon may not be as soon as some are hoping. SVFC is not alone in this endeavor. There are many other companies fighting for this space and financing is a key issue. This may work out in the long run, but another dose of toxic financing will be the kiss of death to current shareholders. Ultimately, those who benefit might be the shareholders of the future.
The key issue for current shareholders is this company's ability to find funding. If that happens, then current shareholders will be pleased...at least those who bought at the lower levels. If not, then it will be future investors who reap the gains. They have dug a hole and it will take some very good business decisions to climb out.
Barchart does nothing more than monitor trades. It is NOT an analysts recommendation. It is dead for all practical purposes.
I don't believe there is any new news today (other than an amendment filed to the European patent). Right now, this stock will see limited volume and movement until the debt issue is addressed and the company fully shows its hand as the why it needed to go to a 250 billion authorized share count. That is the only news that matters at this point. Good or bad, that card needs to be shown before really significant volume returns.
LOL. Can't answer eh? The next report is due March 31.
What report is due February 15?
Except his post said 20,000 not 2,000.
Okay, so let's say they decided to settle warrants and convertible debt and they needed an additional 10 to 15 billion shares in the authorized share count to do such. It would be understandable if they raised the AS to 30 billion (to be conservative) and then, after eliminating the debt, conducted a reverse split. At least that would be explainable...but to say that they needed to go all the way to 250 billion to accomplish this is neither explainable or logical. Logic dictates that there must be some other reason.
Well, you've done something I couldn't do....have a girl. I do, however, have five boys and can tell you that parenthood is a GIFT. Congratulations!
I never implied it to be anything other than speculation. In fact, I don't believe it will occur now that the AS is 250 billion. However, it is indeed a more likely scenario than some of the ridiculous share price projections being put forward.
His opinion (which I don't agree with) is somehow less valid than your opinion that this .0001 stock can go to .25+ with a resulting market cap of several BILLION dollars? LOL.
To me, a reverse split at .0003 is far more likely than a share price of .25, and there will come a time in the not too distant future when a reverse split is possible. However, it would be even goofier than some of the decisions this company has made given the fact that they just increased the AS to 250 Billion.
This board is full of dreamers. One PR a and all is well. One PR erases years of decisions that have destroyed share value. One PR and we are now moving in the right direction. No discussion of financing. No remedy to the toxic debt mess. No reason for the silence through the decline. No outlining of current status.
This one still has many open questions, not the least of which is the need to increase authorized share count to an unbelievable 250 billion. Until those are answered fully, future PR's will do exactly what yesterday's PR did....nothing.
They are required to send you mail notification. Now in this case, since the common shareholders did not vote by proxy, the notification is all you will receive. Standard practice
One (1) share traded. Excitement building. Today might be the day!!!
Can't fault this company for its communication with shareholders. They keep us in the LOOP!!!!!!!!