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Agreed. No available funds to add right now but wish I could add here. I understand frustrations some are feeling but it seems like many updates are around the corner. Good luck to all.
Mind-blowing that we have a market cap of under $9M for a company on a run rate of over $20M annualized revenue and plans to more than double it next year. Once we breakout of this range $.20 may come very fast.
Sorry for the confusion. I meant the audited financials.
I think what we just saw was a PR to address investor concern. The audit and associated filing is taking longer than anticipated and they wanted to quell investor concerns as they complete it. The "major updates" are likely forthcoming when the 10q and audit drops (hopefully by next week).
Yeld sign is gone.
It popped up when they filed for the extension. I suspect it will be gone soon now that they filed the quarterly report.
The company is in so many different and interesting areas. The medical business has UV lights etc. but the Grone project is most interesting.
Agreed. They need a dedicated PR person.
Last week they mentioned major updates are forthcoming.
I suspect folks are waiting on the press release and audited numbers (which presumably are the same). Today's release was to meet otcmarkets requirements while they dot the I's and cross the T's on the audit for uplisting. I suspect we'll have them in the next few days. I personally view today as a bit of a sneak peek/presale.
Incredible to see a company with over $5M a quarter in revenue, exponential growth, good margins, and imminent news trading at a market cap of less than $10M. $SIRC
$5.3M in revenue.
Really interesting volume the last few weeks.
Good news. They filed an extension and we should have the audited financials by Tuesday. Last couple of days to load up.
Does SIRC have a time of day they usually release press releases?
Nice catch.
My understanding is that shares from the 1-A filing will only be sold by the company as needed (likely to complete acquisitions). I am fairly certain they cannot sell any for a month or longer. They have a range of .05-.20. The company is likely going to work to get the price over .20 so they can sell at the higher end of the range. We know there is audit news, uplisting news, and acquisition news on the horizon. In addition, last time SIRC had a 1-A over the entire course of the offering, appears that they only sold about 25% of the offering. Management appears to be focused on only issuing more shares in efforts to bring growth.
That being said, I certainly understand why the 1-A filing caught folks off guard but it appears to be a better way to fund an acquisition than convertible notes. We may drift to .05 but I think SIRC breaks out above .10 and begins the move to .20 in the near future.
I added shares today and was happy to be able to add in this range. Good luck to all.
Glad we finally received an update.
Agreed. At least when it happens we'll have long-term gains for tax purposes.
It is also worth noting that during the last 1-A they only sold about 25% of the available securities. Senior management is only going to dilute themselves to fund smart expansion.
Also really interesting that SIRC HAS 75 full-time employees. Their growth has been exponential.
I'm really excited to see what news we get in the next week.
Overall this is likely good news. They are putting their ducks in a row for the pending acquisition. Any dilution has corresponding revenue to the company unlike note holders selling at a small fraction of the share price. This is part of their plan for aggressive growth via acquisition. I suspect we will learn more from the company next week.
Added some this morning. Hoping we get news or the audit this week.
I agree though I believe we need the DTCC issue resolved first. This will increase the amount of people who can purchase stock.
Interesting last few days.
Disappointed thst we didn't get an update last week or this week. My hope is they thought the DTCC paperwork would be approved and are waiting on it. I've verified they filed it with TD Ameritrade and have been in contact with them. The delay on the DTCC approval is frustrating but likely out of $HMNU's control.
Interesting today and some huge bids.
Audited financials should give us a great push.
Agreed.
My hope is they are holding news till it can be traded on more platforms. I called TD Ameritrade a couple of weeks ago and they looked into the issue and confirmed that the company had submitted the DTCC form and had been in contact with them.
Nice trading today.
I called TD Ameritrade last week. After they researched the issue they called me back, verifying that they had spoken to HMNU on at least two occasions and HMNU had submitted the necessary DTCC paperwork about three weeks ago. The paperwork typically takes 4-6 weeks to be reviewed. I am guessing we will be able to be traded on TD Ameritrade within the next two to three weeks.
Haha. Same here. Hopefully this still works out for those holding. Best of luck.
Am I correct in guessing tymerz didn't apologize to you?
Does anyone know if Manufacturing 360, LLC Hawkins and Costello's company which is holding it and searching for a merger or is it merging in?
Does anyone know if Manufacturing 360, LLC Hawkins and Costello's company which is holding it and searching for a merger or is it merging in?
Joined y'all on SIRC today. This looks to have a lot of potential.
Sorry, disregard. Issue with the files on my phone.