CEA Industries Inc. (CEAD)

[Ultimaratioregum]

"it decreases SRNA's outstanding debt,"

I agree, that's good but IMO it would have been better if he converted the debt to stock at $1. Shows he actually has confidence in the company rather then viewing it as a charity case.


"it lowers the uncertainty about what Tom Bollich might have done at some point (for shareholders worried that he could have just started dumping shares at some point)."

Couldn't he of accomplished the same thing by agreeing not to sell any stock until the pps reaches $1?? Again makes it more like a charity case than a strong company he believes will be huge. He also said he sold a bunch of stock in a private transaction. Those shares are still out there and not locked up by any type of affiliate selling rules!!


Seems like a load of bs to me. If someone gave warren Buffett a bunch of Google stock (and mr. Buffett really did believe it was going to b huge), would he really return it because he has enough money and he wants protect his reputation?