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Alias Born 02/18/2019

Re: Sonata post# 2974

Thursday, 08/01/2019 11:22:07 PM

Thursday, August 01, 2019 11:22:07 PM

Post# of 4193
I am a shareholder and, no I don't think being a shareholder is a prerequisite for posting. I simply find it strange that anyone would spend this much time on a message board for a stock that trades on the OTC, who doesn't own the stock, only posting negative views against the company. Personally, while I find some things he posts interesting and insightful, most of it I take with a grain of salt because I know there is an underlying agenda, he's not here just for enjoyment.

If you care for my views of the company... I'm going to ride it out. There's certainly things I'm not happy with, such as the potential doubling of outstanding shares, print mates, Nick's 600k salary, and the general transparency of sales/locations. But I still think there's potential, regardless what the doom and gloomers on here say. As I said a while ago, the long term outlook will all depend on number of placements and quality locations. I think the long term success will depend on the royalties from the machines that will drive the stock price, not the machine sales (as that likely just gets eaten up in operating costs). As long as machine placements continue to increase on a quarterly basis and not stall, then I am holding long term. If placements start to stall, I'll look at getting out, regardless if I have lost money or not.

This company could announce they're closing up shop in the stockholder's meeting tomorrow and it wouldn't surprise me. But that's the chance you take when investing in penny stocks. You win some you lose some.
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