Tuesday, July 16, 2019 2:08:01 PM
Disciple 2019, key with the SIML $300K Debt...
For the most part, $300K debt is roughly around 30,000,000 shares, give or take, depending on the price of conversion above or below a penny and depending on the conversion details. I believe there is a good chance that most of it is probably paid off. I'm not sure as I'm a little lazy right now as I have not gone back to research the details. Regardless, with an OS of 163,576,104 shares, the share structure will be fine regardless:
https://www.otcmarkets.com/stock/siml/profile
SIML kind of reminds me of RXMD of which I use to be in. When RXMD was trading in the sub-penny levels (now trades well into the pennies), there were a few of us trying to explain that if a company has significant operations, such will trump dilution when there is a plan for such to cease and allow for such plans of huge growth to takeover. That applied to RXMD and I believe that such will apply here with SIML too.
This is why I believe that the debt is actually a blessing in disguise because it allows investors a chance to accumulate cheap shares. I think some don't fully understand that every stock in the market exists to be able to use their shares as leverage to grow their company. This leverage is basically termed as dilution.
There is good dilution and there is bad dilution. This is good dilution here with SIML and it is not significant, especially when one considers the growth in place to offset the dilution in my opinion as indicated from the previous and recent PRs below:
SIML Increased Revenues and Assets -- $250M in Distribution Contracts
https://www.otcmarkets.com/stock/siml/news/story?e&id=1363549
Simlatus No Longer Shell-Risk & Retires $1.7M in Convertible Debt
https://www.otcmarkets.com/stock/siml/news/story?e&id=1381395
SIML Drives-Down Debt and Increases Profits From the $50B Cannabis Industry With NASDAQ on the Horizon
https://www.otcmarkets.com/stock/siml/news/story?e&id=1391138
SIMLATUS RETIRES $600,000 OF CONVERTIBLE DEBT
https://www.otcmarkets.com/stock/siml/news/story?e&id=1369256
SIML Proscere Bioscience Receives a $4.3M Order for Its Cold-Water CBD/Hemp Extraction Systems from Brand House Ventures Inc.
https://www.otcmarkets.com/stock/siml/news/story?e&id=1395141
Simlatus Uses Its Cash to Retire More Debt and Reports New Revenues on All Fronts
https://www.otcmarkets.com/stock/siml/news/story?e&id=1387345
Proscere Bioscience Receives a $2.8M Order to Build Cold-Water CBD/Hemp Extraction Systems for United Opportunities, LLC
https://www.otcmarkets.com/stock/siml/news/story?e&id=1367292
v/r
Sterling
For the most part, $300K debt is roughly around 30,000,000 shares, give or take, depending on the price of conversion above or below a penny and depending on the conversion details. I believe there is a good chance that most of it is probably paid off. I'm not sure as I'm a little lazy right now as I have not gone back to research the details. Regardless, with an OS of 163,576,104 shares, the share structure will be fine regardless:
https://www.otcmarkets.com/stock/siml/profile
SIML kind of reminds me of RXMD of which I use to be in. When RXMD was trading in the sub-penny levels (now trades well into the pennies), there were a few of us trying to explain that if a company has significant operations, such will trump dilution when there is a plan for such to cease and allow for such plans of huge growth to takeover. That applied to RXMD and I believe that such will apply here with SIML too.
This is why I believe that the debt is actually a blessing in disguise because it allows investors a chance to accumulate cheap shares. I think some don't fully understand that every stock in the market exists to be able to use their shares as leverage to grow their company. This leverage is basically termed as dilution.
There is good dilution and there is bad dilution. This is good dilution here with SIML and it is not significant, especially when one considers the growth in place to offset the dilution in my opinion as indicated from the previous and recent PRs below:
SIML Increased Revenues and Assets -- $250M in Distribution Contracts
https://www.otcmarkets.com/stock/siml/news/story?e&id=1363549
Simlatus No Longer Shell-Risk & Retires $1.7M in Convertible Debt
https://www.otcmarkets.com/stock/siml/news/story?e&id=1381395
SIML Drives-Down Debt and Increases Profits From the $50B Cannabis Industry With NASDAQ on the Horizon
https://www.otcmarkets.com/stock/siml/news/story?e&id=1391138
SIMLATUS RETIRES $600,000 OF CONVERTIBLE DEBT
https://www.otcmarkets.com/stock/siml/news/story?e&id=1369256
SIML Proscere Bioscience Receives a $4.3M Order for Its Cold-Water CBD/Hemp Extraction Systems from Brand House Ventures Inc.
https://www.otcmarkets.com/stock/siml/news/story?e&id=1395141
Simlatus Uses Its Cash to Retire More Debt and Reports New Revenues on All Fronts
https://www.otcmarkets.com/stock/siml/news/story?e&id=1387345
Proscere Bioscience Receives a $2.8M Order to Build Cold-Water CBD/Hemp Extraction Systems for United Opportunities, LLC
https://www.otcmarkets.com/stock/siml/news/story?e&id=1367292
v/r
Sterling
Exit Strategy & Etiquette Thoughts for a Stock
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I never give investing advice; only my beliefs for risks in a stock.
