News Focus
News Focus
Followers 55
Posts 1916
Boards Moderated 0
Alias Born 07/01/2019

Re: Axeman post# 50798

Monday, 07/01/2019 1:50:22 PM

Monday, July 01, 2019 1:50:22 PM

Post# of 70787
According to the previous PR's, the company should be receiving over $10 million in this qtr from the 2 distributors. I am anticipating a PR on this next PO any day. It appears they took on short term loans to keep the ones closest from defaulting and converting, thus preventing an onslaught of toxic dilution. In addition they received the $2.8 million from one of the pot distributors to help cover the toxic notes due last qtr.

Third QTR begins today, so I am expecting $12.5 million in POs which would wipe out more toxic notes, and another $12.5 million in the 4th qtr which should be it. This is in addition to their other earnings.

The deals are real. I have met with and spoken to various people involved. SIML just has a bad name from the previous CEO and their previous scams.

I think SIML will be over .25 by end of year and that these prices are a bargain. There needs to be more debt settled and the new funding of loans to cease. And the first full QTR is here now with the new pot deals.

I know they are working on a better exchange too but I am not sure which one.

GL.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y