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I love the report! I love the plan! Organic growth is what I want to see, through promise and results. I have been here for several years and through several pump and dumps.
I believe we have a potential gem here! Ready for it to be discovered!
Would he be allowed to buy if he has insider knowledge of what may be to come? I wouldn’t think so.
Nice post.
I agree the last update was very positive as forward looking, but they did throw in a couple zingers with possible offering and RS to get around $3 (which now would be closer to 1-150!).
They have not followed through with any subsequent news, and SP is getting hammered!
I am nervously optimistic that 8/20 update will demonstrate moving towards the vision they laid out in last update.
And we wait...
Wow! Is there a bottom here? We need something positive and soon!
I am disgusted that my shares will be cut 30 times.
One thing that should be “embarrassing” to the company is the CEO makes annually 1/4 of the posted market cap. Meanwhile shareholders have lost millions, with no communication from management.
I will ride it to zero since my value is depleted so bad, and I don’t see a point in cashing out what will be left when they are done.
My question is who owns all the shares? There is certainly not enough retail interest to have an 80million shares traded day.
I was wondering the same. Did they give details of how it broke down? Seems a little fishy to me since they didn’t announce Friday.
Got it. Thanks
When is deadline to comply? August something?
ST saying meeting moved to August 7. Has anyone seen that. Still working or would look myself
I agree. I also voted no and will ride it into the ground. It is time to show us something
Just looking for opinions here. Does the NO vote to the RS support more of the “this is a scam” theory or legitimate shareholders telling Sonny to put up or shut up?
And if it does end up getting delisted to OTC, how much does that really hurt the value in a buyout or merger scenario? If the value is in the tech does it really matter that much?
Good post. I am not opposed to a reverse split if done in conjunction with other things and an uplist motive. Would really like to see the price go up organically through performance first. Follow that with uplist for greater attention and I think this moves upward.
Everything needs to fall into place. I also agree with you on the leadership team now versus in the past!
And for clarity, I do think they have a plan. I just think they should have delivered the message in a “less shock inducing” way.
Lol
I agree and generally am optimistic about where they are headed. But at a current share price of less than$0.05, listing the RS with $3.00 target sometime within 2019 goals really threw me for a loop. Feels way out of place. It is almost June!
Maybe they expect an acquisition to bring attention and subsequent share price increase?
I sure hope the plan involves more than a possible 1:60 reverse split, effectively erasing most SH positions.
I do like their plan moving forward. I also do, however, think they need to do more to promote themselves and their products.
I still believe federal legalization will be a big catalyst to allow potential clients to obtain funding more easily.
I support the uplist idea, but I think they may be a little (or a lot) ahead of themselves on that one unless they believe the new business model will pick up steam very soon.
Yeah I didn’t like the point about using shares as currency....at our expense no doubt.
That would be a pretty nasty reverse split when we are below $0.05 if the goal is $3 per share. 60/1?
Ouch! I think they only intend to do it if/when they plan to file for uplist to NASDAQ. In the meantime hopefully the price goes up organically because they accomplish some of their performance goals.
I agree. We are in this for the long haul, wherever that takes us. I also agree there is great potential. It would be nice to see it start to unfold.
A project she worked on last year. Sonny was part of the project team.
https://www.researchgate.net/profile/Bhajanjit_Bal/publication/324723618_Incorporating_Si3N4_into_PEEK_to_Produce_Antibacterial_Osteocondutive_and_Radiolucent_Spinal_Implants/links/5aeca65c458515f59982e200/Incorporating-Si3N4-into-PEEK-to-Produce-Antibacterial-Osteocondutive-and-Radiolucent-Spinal-Implants.pdf?origin=publication_detail
Yeah I have been here a few years myself. Have accumulated quite a chunk of shares over time.
I think federal legalization will be the game changer. Only then do I think one if the big boys might want to aquire this tech.
I agree. The timing is odd. I guess we can wait and see who shows up AH to talk about it.
I don’t like pump. I do believe the news yesterday was very positive and the stock is undervalued. Would be nice to see it go up organically.
MMJ Observer posted yesterdays news this morning. Like the volume!
https://www.mmjobserver.com/surna-inc-otcmktssrna-unveils-new-sentryiqtm-fully-integrated-technological-platform/30083/
Did I miss some news? Delayed reaction from yesterday? What is going on here today?
What is the basis for a 13% increase? Performance based increase? Based on what performance? To me if the board is approving they have to think he is doing something right? But what? The company is on sharp trajectory to the ground from a share value perspective. I agree there has been tons of manipulation. By who? To what end?
All the potential in the world for the product, yet the value dives with no attempt to save by Sonny. Lots of evidence of collaboration with big time partners, yet the value dives with no attempt to save by Sonny.
No denials by any party of the “crazy” rumors. Why is that?
We live in such a corrupt world right now where money rules all, even at the expense of many lives lost unnecessarily. This looks like a game changer, but nothing.
We wait.
I get the “there is no buyout or merger side”. No need to state that one. My questions are for the other side. Trying to understand the rationale.
Thanks for your opinion.
Here is my question. If they have impending merger or buyout, does it matter if they are NASDAQ or OTC? If not, let it go OTC.
If it does matter, why? Selling it to “buyers” shareholders? And if it is important for sell to buyers SH, why doesn’t buyer kick in to keep this thing afloat while pending items are being buttoned up?
Serious questions. Not intended to put negative or positive spin on anything.
Blog article mostly referring to space applications, but interesting conclusion statement:
Conclusion
Silicon Nitride is practically a wonder material that has transformed nearly every aspect of day-to-day life from communications satellites in orbit, thanks to Si3N4 space-launch hardware, to the computer chip in your smartphone, and even to a loved ones prosthetic hip.
While not discussed explicitly in this short report, the cost of Si3N4 has dramatically fallen over the past several decades, resulting in a significant uptick in consumer market adoption of the materials
https://wisc.space/blog/silicon-nitride-and-the-space-shuttle/
My bad. Tomorrow is Saturday. I agree there are many better stocks out there. This has been a painful ride for many. But we are still here. And you are still here.
I wish you the best of luck with your other stock plays.
See you Monday!
Bye JP. See you tomorrow!
Now you have really lost me. You are an intraday trader who has been here for quite a while warning people to stay away, but you buy at .31?
I am struggling to find your logic much less follow it.
I am always willing to learn so tell me, based on your chart what was your buy indicator at .31 if the world is ending at .25? What was so good .06 cents ago that I am missing? Thanks and good luck!
I think most shareholders bought for long haul and reward that will come with eventually nationwide legalization in US.
When volume is low it bleeds down. Painful to watch at times.
It is showing as SINT on Ameritrade this morning
Is this possibly a sale of assets to a friendly 3rd party to make hostile takeover less attractive? A company sells its most attractive assets, but can buy them back at a later time.
I believe this is referred to as a form of Crown Jewel Defense in this article.
https://corporatefinanceinstitute.com/resources/knowledge/deals/crown-jewel-defense-takeover/
I have been researching this afternoon. Is this possibly a sale of assets to a friendly 3rd party to make hostile takeover less attractive? A company sells its most attractive assets, but can buy them back at a later time.
I believe this is referred to as a form of Crown Jewel Defense in this article.
https://corporatefinanceinstitute.com/resources/knowledge/deals/crown-jewel-defense-takeover/
Forgive me as this is my first post here. So if I am missing something I apologize.