Starfleet Innotech Inc (SFIO)

[Beauneedsbiscuits]

I am also a little confused by this connection with this crypto coin company. Anybody have any further insight on that please Post it here.

It's actually a little encouraging to see they're going with a reverse merger than and IPO. If they were so desperate for money for operations like KBaz Seems to think... They probly would have gone with an official IPO. True, They could sell more shares once they have the merger behind them, But if they need more cash for expansion then it's either dilute current shareholders or get involved in toxic debt...... If either of these options do not end in profitable growth.... Then they both have the same effect on shareholders one way or another.

Be careful Wishing for an exaggerated Stock price Once all merger issues are complete. These Merger law firms tend to like to see a high Market cap value Which can be beneficial to a new company...... But there is a potential downside to that as well. Once they fully own whatever new stock ticker they will change it to... They will at some point be judged on some level of price to earnings or price to sale basis. If the market cap is so high that their PE is something stupid like a 100 to 1.... They will be considered overvalued and can crash significantly. This is why it is important to know where we stand with their actual financials!!

BTW, Did I read kbaz Post below correctly That he thinks a reverse split would end up in a different market cap value?