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I would love to see Mart put out aPR saying the A/S are being reduced to 3,000,000,000. That would help the pps.
Go back about a week and a half.
He's Dutch. English is a second language for him.
He actually did post on this board quite a bit. Not so much in the last 8 months or more.
Yeah, but they "knows what they know."
There is really nothing to do but sit and wait. If it gets to .0004, then I'm happy. But since an actual bid only lasted about a minute and a half, I'm not getting my hopes up.
I'm just glad that the new posts on this board aren't excited about SDVI's accomplishments that are listed on the website from 4 years ago. That was last year's pump and it didn't work.
So with the large volume that we are seeing, which I believe totals more than what was on the ask last week, why aren't we seeing a bid yet? Is it because the price being paid is less than $0.0001? What else would cause this? The ask size now is still only 10k.
I think Johnny4Profits is buying up the stock. He's willing this stock to run. To the moon! Right Johnny?
Did anyone notice that the ask size is now only 110,000, down from 20 million? Still no bid yet. For $11, someone could take out the ask.
I don't have L2, so I don't really know if something else is going on.
I also think that what some people don't understand is that it is unclear where the "dilution" is coming from. Sandy made a deal with Boost, good or bad, and a payment was made in preferred shares. These share are getting converted and sold into the market. That is very different than Solos selling shares to fund business development.
You don't know if Solos will have to sell more shares to fund the European expansion. We simply do not know this.
Slaz, I don't think they're opening a plant in Europe. They're just selling there. I ran a company in the US for a European equipment supplier in an industry of similar size and makeup. My advertising budget for the entire US and Canada that was sufficient enough to be effective was about $50,000 per year. The sales force was paid on commission based on sales. Even if Solos has to open an office some place in Europe, it can be done for well under $100k. Based on my international business experience, it's not going to take massive amounts of money as you suggest to get the ball rolling in Europe.
You must have experience in this to make such a claim. What do you think the costs are going to be?
Yeah, but why bother? That's not so big. LOL
Great Post! Makes it all as clear as day.
How many years did this happen? I thought it was a one time stock payment that covered multiple years. If this happens every year, then you make a good point. If it only happened once, then I'm OK with it.
I agree. While some feel the need to save the world, one investor at a time, I think it would be more productive to look at the potential that SNDY has which would help all investors. They've come a long way.
Aqua, you are right. We need to keep our "anxiety attacks" at bay.
I would love to know how many shares the two nitwits have. I'm sure they are the shorts and the flippers all day long.
What a great potential SNDY has, but the two main nitwits keep regurgitating the same stuff. And if you say anything negative about it, you get deleted. It's too frustrating. I try to poke holes in their arguments, but it's really not worth it.
I completely agree.
I'm not questioning the transfer agent's numbers, I just think that many of those shares are converted shares from the 121 mil that Boost has (or had), which is why I said "double dipping". I just don't think 830mil shares have been diluted by Solos alone with another 121 million to go from Boost. I think it's mostly Boost.
Am I correct that if Boost converts shares, that would change the O/S structure?
I think your numbers are wrong. If you add up everything you listed, that's over 930 million shares diluted. The O/S are only 1.125 billion. That suggests that there are only 195 million shares for the retailer stock holders. That's not correct.
Much of the dilution is from Boost. You're "double dipping" on your numbers.
You asked the question. I was just agreeing. I thought is was rhetorical. I know what they do.
One more thing. Your last question is a good one. 121 million Preferred B shares is a lot. Did Solos make a bad deal with them and are now paying for it? Is there more to come from Boost in the effort to boost share price? If they are supposed to be increasing the share price somehow, I think SNDY needs a refund.
I think it is different. None of us know the current relationship SNDY has with Boost. Obviously the shares were given to them to be sold. SNDY can't control when they sell them. I don't think that both Solos AND Boost are dumping shares into the market. I think it is only Boost.
Without a doubt, SNDY used Boost's services, successfully or not. I think some dilution happened directly from SNDY, but to fund the CE Cert. I think that the bulk of any share dumping, or potential share dumping will be from Boost "getting paid" for services rendered.
Do you know if SNDY and Boost are still working together? I don't know how to find out. You seem confident enough that maybe you can show us something definitive.
Slaz, my goal here is not prove anyone right or wrong, I just want posts to be realistic and not misleading - good or bad.
I agree, but like I said, the outcome is the same but the motive is different. SNDY issuing more shares because they want to take money from shareholders is different than boost dumping into the market. Boost just wants the most money they can get. That's their game. I think it was all boost and not Solos.
If boost converts their preferred shares, could that show up as that 75mil? It might not be Sndy diluting but Boost converting. In the end the results are the same but the motive is different.
Analysts? Really? I didn't see anything on the financial networks about it. Can you share, please?
Sorry. Did NOT issue 121mil preferred b shares
I agree, but the company did issue 121mil preferred b shares. These shares are already out there. A rs would devastate them also. I don't see it if they're still holding a lot.
My point still stands. If they still have a lot of shares, no rs. We don't know what they got last quarter. Still speculation.
Point taken. So it's still all speculation about them for this quarter
Do you think it was all to boost? I doubt it. If I were boost, I'd be pretty upset with a rs if I'm still holding millions of shares in payment.
I think you're barking up the wrong tree with Boost. They're not a factor anymore.
If boost still has a lot of shares in hand, I don't think there will be a reverse split. That would dilute their payment too much. If they don't have more shares to sell, then the dilution from them is over. Only makes sense, don't you agree?
I guess my point is that we don't know the disposition of the 121mil shares. Instead of saying they are dumping, we can just as easily say that they still have 110mil and are holding tight because they work with SNDY and know that good things are coming. I'm sure they talk to Bob a lot more than any of us do.
I think they are long on SNDY waiting for the CE mark and $1.00 per share.
So tell me about the 121mil diluted to Boost. Is it a payment to Boost and have all the shares been sold, or is this one way of SNDY getting money back somehow? Whether we love Boost or hate Boots, a payment is a payment if they've done their stated job.
If that is a payment to Boost, is that the final payment or are we in for more? I know you don't know the answer to that, it's more of a rhetorical question. But most importantly is whether or not they are selling as many shares as possible to get their money out and how much have they sold?
If they've only sold 1mil shares, then that is not really dilution. If they've dumped 100mil shares in a short period of time, then this would negatively affect the pps.
It seems to me that this is all speculation though. I appreciate the caution flag, but we really don't know what the disposition of the 121mil shares is and how negatively it is affecting things. Do you agree?
Hulk, I'm trying to understand dilution. When you say, for example that they diluted 45mil shares right before the global lock warning, does that number come from the increase in outstanding shares as told by the transfer agent?
And as far as SNDY diluting 121mil share through Boost, how does that benefit SNDY? Are 121mil shares a payment for them promoting SNDY or does Boost give SNDY money when they sell? If it is for payment, it's only speculation that Boost has sold them all, right? Do we know for certain that 121mil has been sold into the market? If they have, then Boost selling more is unlikely, unless SNDY has given more, which we don't know because they haven't filed yet. Is Boost in charge of these shares to get money back to SNDY? Any insight would be great.
Thanks Got it
I hate to ask stupid questions, knowing the answer may be obvious, but what is the significance of these numbers?
Still waiting for news. Historically, there is a press release every 12 to 18 months. Actually, I haven't done any DD on that, so don't trust me. It could be longer.
Well, you got me on syntax, but your message is the same - and I never said "if" (though I like your rhyme.) The point is, Europe and Canada are just two more places to sell product and if there actually is an effective sales team in place for these venues, then mammoview and the other products could be a home run. In my opinion, this is the company's next best opportunity to sell product, regardless of what it has sold in the US. And if that causes the share price to go up, then most of us will win.
As far as my camper example, I can give similar examples on some pretty sophisticated pieces of equipment, if you'd like. I can't guarantee that I won't bore people to tears, though.