Wednesday, September 19, 2018 1:37:50 PM
The story 18 months ago at .0025 was that this company was DOA, no revenue, no product, no customers, no money, no future, than bang, they bought a profitable AWS with no money, and the stock price has repeatedly rebounded 1000% on 6- 7 occasions since then to as high as .02/share, including last week.
Then bang they bought a company 2 times bigger, sold Mantra for 1/2 million dollars, and scored a 5 million dollar bank style line of credit using real receivables, and the last 10-Q showed only half of it used!!!!
2.5 Million can buy back a lot of convertible debt.
Am I the only one that has noticed that about 40% of the OS is still restricted shares?
What if Ponder et all convert those paper restricted shares to Preferred shares before the Nasdaq uplist?
Just a PR tonight, of SGSID buying a 15 mil $ revenue firm would run this tiny locked float (e-float is barely 800,000 shares) up to $6/share in 1-2 days.
Another huge new order PR would run it way higher.
That would attract a lot of new $ share buyers and longs.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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