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Re: Knowledge is King post# 93639

Thursday, 12/23/2021 3:23:50 PM

Thursday, December 23, 2021 3:23:50 PM

Post# of 114143
SLNHP - I think it might be an interesting speculation at this price. The last balance sheet looked great sporting $16M in cash. This last offering will only add to that balance. They also have the LOI for the legacy business which if consummated will only add more cash. If the whole crypto space doesn't implode and they keep making progress with their operations, I could foresee these dividend payments being made for a long, long time.

That said, I think cryptocurrency is the greatest mass delusion ever, so that gives me pause.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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