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Re: Top Penny post# 65793

Sunday, 10/24/2021 2:36:50 PM

Sunday, October 24, 2021 2:36:50 PM

Post# of 79882
Speaking of comical......

Jolly then commented on the Company's decision to increase the authorized shares of common stock, and asked about the motives behind this decision. "Most people would consider an increase to be negative; In our case it is not negative at all, it's just simply a matter of understanding," said Kennedy, noting that the Company plans to uplist to the NASDAQ in the future. "When you're on NASDAQ, it's much more expensive to do an increase," explained Kennedy. "You've got to go through a series of compliance related issues," he added.

"To increase the shares now costs me nothing, and they're simply sitting in Treasury," said Kennedy. "It saves us a fortune," he added, noting that the move also puts the Company in a strong position for their uplisting to the NASDAQ. "It's a very good thing to do, it's very healthy."

To close the interview, Kennedy expressed his confidence in the Company's health and potential. "Our revenues will be increasing," said Kennedy. "The only thing I would caution against is what I've said the last two interviews - I wouldn't sell too early," he added, noting that the initial discovery of treasure may lead to numerous discoveries.


https://www.theglobeandmail.com/investing/markets/stocks/SFRX/pressreleases/4403614/

The company you claim is non-existent should be announcing a deep water project in the near future, while this clown show keeps playing salvor and issuing all of their NASDAQ shares.





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