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Saturday, October 24, 2020 7:13:59 AM
I'm not going to think one way or the other because in the end it's all about selling cables. But for now it could boost some confidence we are likely to hang in around the 0.04/0.045 levels until bigger news hits.
From what I've gathered. Please feel free to add or question what I post here.
O/S 490M at 0.045 CAD = 16,796,808 USD marketcap
Float 392M or 75% (this includes no restricted and insiders shares)
Ron Pasek hold 68M (insider shares)
Insiders hold approx. 28% of the O/S
FAQ says no CD's to date
I think the balance sheet looks a lot better due to cost reductions. When sales hit, it could be that S7 is instant profitable. What do you think?
Have a good weekend
Forgot to add but S7 traded 66M shares from the white paper release until now.
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