Revenue over the past quarter looks solid compared to many other startups that I have insight into. 2020 has made it one of the toughest years for sales for many companies but because Sonasoft continues to provide such a big ROI for their customers, it's a no brainer.
The reason why the price is suffering (currently) is because they are diluting their shares to fund future growth instead of taking on debt. This is fairly common and a really good sign IMO. I've seen this several times before with other companies and while you might not see dramatic growth for the next 12 months due to dilution, you will most likely see exponential growth over the next few years.
Lastly, management team needs to do a reverse stock split of about 50:1 to help increase the share price to $5 and uplist to a senior exchange. This.. or they should do a secondary public offering on a higher exchange to get more attention. The current market is ripe for companies that want to "IPO". They've promised us an uplist to Nasdaq for some time now and when the day actually comes this stock will go parabolic (mark my post) :)
I've said this before but I strongly believe this company will see their stock in dollars within the next few years. Management continues to hit all of their goals that they've shared and while their stock is being diluted, it's for a good reason (to fund future growth)
No pumping here, all research and reading between the lines that leadership continues to share with us. (look up why they did common stock to preferred shares exchange). 18 month hold and these investors will get a 10% bonus for holding long term but the biggest bonus will be the dramatic share increase that we will see over time.
Cheers to an amazing ride. My advice.. continue to load up on shares, don't worry about the day-to-day stock price, and 5 years from know you'll look back and be thankful this company changed your life.
