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Good Bye
Great news, that is exactly what Troy said he was after. The franchise rights are far more attractive to SNMN than owning corporate stores. It's just beginning here folks, Troy wants SNMN rising too, but not on Ihubers time table.
Ask is @17 trading 17 now, had some 18's go off. This is only the beginning, IMO. Patience pays.
Go Troy, SNMN
BS. I would be careful if I were you tony, link please or other proof.
Settle down here folks. Many are upset with Troy going on vacation next week. He had it planned 8 months ago. We have press releases coming this week and a soft opening for NGD on Friday. A lot more PRs over the next month, my suggestion, just be patient. We will be fine here, IMO. Still long and strong with SNMN.
The 2's will disappear as soon as we get solid news. You and all the others that want just a double will be changing sell orders so fast it will be funny. What we need is SOLID news which might actually be soon, lets hope so, many have been here a long time.
Glad to see you are waiting, we need some chasers. Press releases start soon folks.
Mikey501, PLEASE provide the link to your statement.
Yes, you could wait and pay more after the press releases, IMO.
SNMN
We get the bigger investors from PRs not Ihub flippers. I am looking forward to the press releases to come over the next two months.
The MM's are trying to get some more shares this morning. NITE had over 1.25 million @.0025 ask for about 2 minutes, then one flash and they are gone and CDEL is @ .0023 ask. Don't fall for it folks, be patient for the news. If you have to get out, be patient and make them pay. The news will bring in new buyers and the multiple PRz to follow should keep this going up and the flippers will be reluctant to try to flip SNMN. These PRz to come will have meat on the bone and the market will pay a lot more for SNMN, IMO. As I post this CDEL is @.0022, they have been trying to scare you to get your shares.
Good luck to all.
Go SNMN
How many of those "countless CEOs" were reverse splitting, pumping their stocks and doing nothing but making "claims", say 98.5%, that sounds about right for stinky pinky land. One of first things Troy did was get 2.2 Billion shares rescinded in the courts, he didn't do a R/S and screw the share holders. He is currently working on another 220 million that will also get rescinded. So far Troy put SNMN first, not himself, IMO. I will stick with him until he proves he is in the 98.5%, but so far, IMO, SNMN is the 1.5% of the pinks that have a good chance to succeed.
Also a note to the "chartists", your input is much appreciated by me and others, but I remember the old adage told me by a broker colleague 35 years ago, "at the bottom of all sunken ships are charts". Charts may at times say 'not a good buy' or this is topping out, only to be followed by good news. I much appreciate the input and interpretation of the charts, but I would not base my decisions on just that. News, trumps charts, IMO.
Good luck to all.
Go SNMN
Excellent C/C! I think most feel better now about the share structure and capital raising.
I hope you all caught his comment about throwing money into bad deals, for instance if the fight movie is not picked up by a studio, he is not going to throw a Hail Mary and spend any capital trying to promote it ourselves, he will just sell it to a content provider and put the capital to work again in another movie or use it elsewhere in SNMN.
That's exactly what Troy told me, open 3 , show a profit and get on the road franchising.
Go Troy, SNMN
IMO, Troy did EXACTLY what he had to do for the long term benefit of SNMN. Many posters here seem to think Troy should have tweeted or PR'd that he needed to lower the offering price to .001 to raise a million dollars that he needed to raise. So, if he did tweet that, many are saying you would have been happy and held on to your shares, LOL. Many would have dumped so fast and driven the stock even lower and then Troy would have to have given 2 billion shares at half the price he did it at. Oh, and by the way we now have $1 millions dollars of working capital. The mistake Troy made was tweeting at all about the deal, IMO. But he had to take what he could get for the first round of capital raising.
It will be easier when he needs money again as our SNMN share price should reflect the use of the $1 million of capital we now have to get some of our term sheets funded. Very few sub-pennies have a million dollars to work with and some good deals in the works too. Patience will pay off here, IMO.
Long and still strong, no panic selling here. Wish I had more money at these gift prices.
With a $1 million war chest!! Just slap the ask and stop tying to get a better buying point. The worst of the selling is over, IMO.
With a $1 million war chest!! Are you kidding.
Well said StockZoom!
The panic sellers don't realize Troy has $1 million dollars to put to work. This will be valued and PR'd before the Reg A investors can even sell their shares, IF they even will. Troy is NOT selling to toxic lenders here, the stock is in much stronger hands than most Ihub players. SNMN will be much higher than today and it won't require as much dilution for the raising of more money in the Reg A. Once he gets started funding a few deals it will be much easier to raise additional money as SNMN will be much higher IMO. Troy has no problem doing it in phases.
If anyone thinks you build a business without dilution, stick with the other 99.5% of the tickers that ARE scams. We will be fine IMO. Too many traders here think that ALL of the OTC tickers use toxic deals to get money. The Reg A investors are in at .001 NOT 50% to the last number of days market average or whatever the typical toxic deals done elsewhere do. THEY LOOSE MONEY at less than .001, so relax, take a deep breath and know what you own, 340 million shares have been buying your panic selling and they will get the last laugh, IMO.
For sure, Berkshire. Most here still don't understand the whole process.
Again, this is NOT toxic financing. He took out 2.2 billion shares and raised $1,000,000 with less than half that diluted back. AND we will have something to show for the million dollars!
He is getting his new attorney working on the 220 million Joe Overcash shares to get them out of the O/S.
We will be fine here IMO, he is not going to go dark on us, a number of PR's to follow over the next 30 to 45 days.
The Reg A is in stronger hands not Ihubbers hands (thank goodness). It can't be sold immediately.
The Reg A price of .001 has nothing to do with "where SNMN has to go..."
Don't feel too bad, there were obviously a lot of others that sold before they know the facts...that's what makes a market, sellers and buyers. I wish I had some dry powder here, these prices are a gift, and I don't mean for a flip, IMO.
You all need to stop and think. This is a SEC registered Reg A offering. NO TOXIC financing. He still has 90% of the Reg A to do over time, at higher prices, that will come as we grow. This money is going into the businesses, staff, attorney and PR, not Troy's pocket. How many CEO scam artist's on the OTC file a Reg. A with the SEC. There will be more news and PR's coming over the next 6 weeks. Those not wanting to be patient, sell and move on.
Keep moving forward Troy, SNMN.
Sorry, I just glanced at the first trade showing on my L2.
Panic sellers about gone. We opened at .002 and are at .0023 now. The lowest was just 2 ticks below the open and most of the volume has been @ .002 or more. Buyers have stepped in. In the end it's the capital raised and deals funded. Troy has put too much time and effort into SNMN to see it die here, IMO. We probably won't see silver by the end of the year, but copper, yes, IMO. It is still a low float, relatively low O/S ticker with real businesses to be funded. Folks, the only thing that has changed is the number of shares. If the capital doesn't go into the businesses and into his pocket, he goes to prison, he knows that. Don't forget he filed a Reg A, he is on the SEC radar. I think it is very premature to call Troy a scam artist, give it a rest. Would you rather have seen a "sorry could not raise any money, deals off", tweet.
The panic sellers this morning can't even buy back in, they sold for current price, plus or minus a tick. Volume almost 200 million all from 18 to 22 and most above .002. I will be patient here, the only thing that has changed is the share structure, which still won't be too bad considering the capital raised and deals to fund, IMO.
A conference call from Troy might be a good thing to do, IMO.
Good luck to all.
What was the post number? Moderators must have missed it. That would be good to pin for newbies that come to the board. A nice clean intro page and good summary pins help promote the ticker. Getting attention on Ihub is not hard but keeping them in for more than a quick flip is harder. Give a reason to dig deeper and those that do will be longer term players, IMO. "build it and they will come" I mean stay. Good luck to all.
Go SNMN.
Troy had to go thru the courts to get the first 2 billion and he has to do the same with the Joe Overcash shares. The Joe Overcash shares are on hold and can't be sold, so they are not in the float. Troy has said in conference calls he will get those shares thru the courts and they will be taken out of the O/S share count like the 2 billion were. We are at the mercy of the slow court system but must be getting close.
Go Troy, SNMN
That is exactly what Troy said in his conference calls. He would hire a good PR firm to promote SNMN. He said it will happen after he gets the Reg A funded and is closing deals. That is the time to promote SNMN not now as only the flippers would benefit. Troy has a long term approach to this company. You can see that in the way he is running SNMN, no dilution, not taking a ridiculous salary, no pump and dumps, filing a Reg A, and transparency to point out a few. Those that spend a little time reading this board will be holders not traders as traders run a big risk of missing out on the real gains to come, IMO.
Long and strong. Keep up the good work Troy. Go SNMN.
The last three 911 trades were 5 decimals, retail can only buy out to four decimals, so is that MM's ? May be they just gave it to retail at 5.
64x65 right now with CDEL showing 500K and NITE hiding behind 10K. It is thin up to 70. A good PH and we should get there.
Go Troy, SNMN.
Power hour should be good today. It is getting harder to feel good about a flip on this stock. It is getting very dangerous to be out of SNMN hoping to get back in lower. Sellers will be chasers soon, IMO. Patience pays here, IMO. Long and strong.
Go Troy, SNMN.
NITE is still playing around, flashing a million shares foe a few minutes then poof...gone. well there they are again at 62 this time.
Go SNMN
It sure could, power hour and the bid and ask are rising, 55x59 and real thin. Patience folks, SNMN is the one we all dream about. Know what you own and you will see this is not your typical OTC stock.
Go Troy, SNMN
It sure looks like the MM's are shaking the trees this morning. They have been moving the bid/ask up/dn 8-10 pts. There is a 9 to 10 point spread right now.
Strong hands and patience will be rewarded, IMO.
Go SNMN.
55's are going out the door! People must be taking a couple hours and reading this board and they are realizing what they own. Folks, this is NOT your typical 'stinky pinkie' stock, IMO.
Go Troy, SNMN.
It's too bad many investors don't take a little time and read the posts on SNMN, we would be over a penny, IMO. Just amazes me, the cleanest OTC many have seen in years, with a CEO who really wants to see this get to the NASDAQ. A CEO who has done what he said he would, and no dilution. I know there has to be a loser for every winner to make a market, but if they were smart they could be a loser over a penny while the rest of us go to silver.
Go Troy, SNMN
Printing 45's! Next showing is 48, then 52, real thin.
Go SNMN
A less than 2B A/S would be huge along with the Joe Overcash shares to be rescinded too...wow. Troy can always increase the A/S as needed to raise capital for growth and that would not hurt the share price one cent, pun intended, IMO. It would be the opposite and off to the next level because Troy would have a track record of doing what he says. All in my opinion.
Go Troy, SNMN
The coming share reduction of 220M will not be off the float. It will only reduce the outstanding shares. The 220M, Joe Overcash shares are locked up tight and cannot be traded and have been for a while. We will still be a very low float stock with less than 875M Outstanding Shares, real companies with cash flow and a stock price that will allow Troy to raise more capital with not much dilution. Yes, newbies, companies have to dilute to grow. The difference here is the capital will go into the businesses, IMO, creating much more value! Long and strong.
Go Troy, SNMN