Friday, March 26, 2021 7:49:25 PM
Tony came to Surna and basically rebuilt the company from the ground up. He also navigated the company through a pandemic, and managed to INCREASE their cash position without using shares and actually eliminated all of Their debt.
He said many times before, his vision is to grow Surna organically and through partnerships/acquisitions, so they can become a “widely held, actively traded public company on a major exchange.”
Tony is not going to increase the authorized shares and go wild with dilution. This is part of his plan for having currency to acquire companies.
They are already increasing their sales, as they booked $8mil in new contract in just two quarters, and signed a $3.2mil contract this year already.
The industry is booming, and Surna is riding the wave, now they are entering the next phase of execution.
I believe they will only issues shares for acquisitions, or to raise capital with shares to acquire companies. They will be responsible with the dilution and only dilute if it means the ROI far exceeds the cost.
Once they go through with their strategy they have until Dec 31st to do a r/s. They have an aggressive plan laid out that needs to be finished by Dec. 31st.
I have been accumulating Surna since 2016. I traded the run to .50, and traded the run to .20. All with the intention of buying back lower.
I now own around 1 million shares. Tony owns 6.5 million shares. Brandy Keen owns 13 million shares.
They have skin in the game just like us. I trust the plan. They have proven time and time again that they are in it to win it and their reputations are on the line.
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