CEA Industries Inc. (CEAD)

[hawk37]

I think a major misunderstanding you have is that surna sold stocks to the hedgefund at .025 when I believe it was actually toms stock that was sold at that level. He still owns between 1-5% of common shares outstanding according to Bloomberg. The question I have is "does he own 33million preferred stock?" Because then I could understand why he sold his common shares at such a discount.

The hedge fund owning this stock is not a surprise, they had consulted Surna earlier in the year and bought stock on the open market as well. So having them become a major shareholder was a way to get them a seat on the board- a good thing. Also, I had concerns of the Keens leaving Surna (like Tom) when their contracts expired, it would have been a bad sign to me. But now that they are on the board, it seems like they are very positive on the future.

I've done a ton of due diligence and I definitely have questions but I know that this business is not going to be huge overnight. It's going to take a long time but they seem to be doing a lot of things right enough for me to justify a position in this company.