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🙏😎
I would say the filings will show improvement with still a nice cash reserve.
$15 million more added with the sale of the software.
Just the patents and intellectual property are worth a helluva lot more than 18 cents per share.
I think we make get some news on the direction the company is headed. NYSE??? Nasdaq??? Or stay on the otc.
Whatever route they take they need some kind of marketing push to let the public know more not just rely on the dental association word of mouth, pun not intended lol
As of last filing they had $55 million in cash
Let’s do it
Ok, but still using the same name! That’s odd
Fund managers goal is to make money for their constituents. They must see a positive vehicle here.
LFG $SONX
I’m sure there are other ways to raise money don’t you think?
Still hoping for the lithium.
This is interesting. Saw the CEOs name on Van Noy’s LinkedIn page.
Tell me what you think about this? The ceo showed up on van Noy’s linkdln.
University of Utah? “Credible university dealing with lithium extraction for batteries.” As spoken of in the first or by Chad
Worth investigating!
Born out of the university of Utah and based there.
And willing to do partnerships
https://www.linkedin.com/in/mike-riley-ngm?trk=organization_guest_main-feed-card_reshare_feed-actor-image
https://nexgenmaterials.com/
My two cents are they should have marketed and acted like they are on the big boards while being on the otc and tried to move the share price up. The ceo needs to use his twitter account and be more active and creat a sense of awareness not just leave it up to dentists.
Tweet about the fund’s buying into the company, surely he can talk his company up without pumping
There has been a lot of unexplained selling the last month or so, I don’t understand why?
We still need to have some sort of name change. Mavin is still selling his jewelry on his website and eBay using the name SFLMAVIN
SO THIS IS A CONFLICT OF SOME SORT
https://www.sflmaven.com/
This is what van noy says in a recent private offering. He is looking for money, what he had is drying up. “
If our shares of common stock ever publicly trade, they may be quoted on the OTC Pink Market or similar market.
http://edgar.secdatabase.com/1821/149315223045694/filing-main.htm
They are friend’s, colleagues and business partners in other ventures so it’s a good possibility it happens. Van Noy already owens shares in SFLM. The problem with Sflm is they were penalized by the SEC from the last S1 offering by mavin and are unable to do another. For how long I’m not sure!
They could do a licensing agreement with Deep power. It’s all speculation tho.
Also I believe they will do some licensing agreement with Glid technology. As you know they went private after leaving GEGI.
The CEO Kevin Damoa is listed as a partner in Loyal Companies so it’s a possibility.
What I wonder is how Loyal Companies fits in with LOYAL TECHNOLOGIES?
They are obviously not the same. He could probably pull or shift companies but i don’t believe they are the same.
I wish he would give us some explanations!
If he shows us $11 million in revenue and a good plan moving forward we will be fine
Inching closer and closer to Boom!
Is it for big board rules on number of shareholders and value needed?
I’m ok with a nice staircase chart up to a dollar or more, I’m patient, doesn’t have to be all at once
It’s under the radar which is good I think
I’m looking for a possible joint venture or announced partnership to help strengthen the bottom line maybe influencing the board at the NYSE as stated in the last quarterly.
Pretty sad as a ceo when nobody pays attention to your press release
🙏👍💵
Guo's appointment as Interim CFO aligns with Sonendo's commitment to maintaining financial stability and driving the company's continued growth.
Any predictions on which way this goes? How long does it trade on the OTC?
When do they try for the Daq?
Do they offer a buyout to Fbec shareholders?
Lots of variables in this equation
Just trying to figure it out
The sale of the software was cheap! I thought it would have brought in more than $15 million? Any thoughts on that?
The bots have found and all over Sonx on x
https://twitter.com/search?q=%24SONX&src=recent_search_click&f=live
I still think this was a plan and Scott conant comes back to resume.
Man, I sure hope so
Seems strange we are not moving if news anticipated is good?
Just like Vegas, rigged for the house to win
Yes the later! This has been the worst ceo at informing his shareholders. There may be a plan, I’m hoping but not happy at this point
Don’t forget $50 million in cash too
This is what mark says on his LinkedIn about the process. “
Logo of Cresset Advisors
Cresset Advisors
2 yrs 5 mos
Social Media Platform - Reverse Takeover (RTO) Interim Chief Financial Officer & Advisor
Mar 2023 - Present 1 yr 1 mo
• Advise management and prep company for RTO (reverse takeover) IPO in US, workflow optimization, manage PCAOB audit, write technical memos and supervise compliance, investor relations, ERP selection and optimization, and personnel training • Select and acquire target company and perform due diligence, create and file SEC documents to list onto OTC, then uplift to the NASDAQ
Google says….One guideline to follow is categorizing small businesses as those with fewer than 100 employees and/or less than $50 million in annual revenue, while midsize businesses have fewer than 1,000 employees and/or less than $1 billion in revenue (but more than $50 million).
500 to 1000 employees
I’m hoping they let it run on the otc before uplifting to the DAQ. It would be beneficial to them and Fbec shareholders. In my mind it’s all about the revenue. If they have $50 million or more it will be great. Mark disiena the consultant was found to say on his LinkedIn
“ I need a recommendation for an AICPA auditor that can be engaged in US and Vietnam..midsized and above...please DM me...thx”
And “I need a recommendation for an AICPA auditor that can be engaged in a small IPO on the NASDAQ this winter..midsized and below (no Big 4)...please DM me...thx”
Funny how THE TREE SHAKER don’t post if there is no dilution LOL
$50,000 per employee IF ITS THAT puts it at $50 million
There is a way to estimate revenue
Take the software-as-a-service (SaaS) industry, where we don’t have an average annual revenue number but know that the median revenue per employee is $112,500. Let’s say our private company has 15 employees. Here’s the formula:
$112,500 x 15 = approximately $1.7 million in annual revenue
Problem is I’m sure based on Vietnam and India there pay is low
LinkedIn says they have between 500 to 1000 employees
True
I called and left a voicemail, let’s see if he calls back!
I feel like Bart Simpson. Are we there yet , are we there yet, are we there yet?