Followers | 12 |
Posts | 3921 |
Boards Moderated | 0 |
Alias Born | 07/19/2021 |
![](https://investorshub.advfn.com/uicon/804279.png?cb=1693646567)
Monday, April 25, 2022 10:55:34 AM
If you look at the history of loans to the company, the track record in paying them back has been very poor. Add to the fact with the 96% drop in stock price and being less than a penny. A Reverse Split would possibly give the stock some $-value versus a penny or less. But that would take a 1000:1 R/S.
So, don't be shocked if 1000:1 R/S takes place knowing that might be the only option for survival. The 2021 10-K pretty much alludes to the possibility of this same reality. Maybe the company was hoping any type of news would help get the stock to a price that would allow for an R/S lower than 1000:1?
In my opinion, the Foxess deal will not come close to bring any significant revenue to the company. If understand, what a new and inexperienced distributor has to go through, to get to ramped up and fight through a very competitive landscape, you would probably agree. Selling other companies products is usually a back up plan. That's not including making sure customers get the product timely and pay within the terms allowed.
The PT.IDN solar panel agreement is at least 2-3 years from any revenue. If it ever happens. But, we know all projects planned since 2018 have not materialized, as of yet.
You can interpret the 10-K and tweets how you want. And always do your own due diligence.
just my opinions
good luck
Recent SNPW News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/16/2024 05:42:01 PM
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/16/2024 02:11:06 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/15/2024 09:15:30 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 04/01/2024 09:04:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 10:15:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:30:36 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 10/23/2023 09:15:31 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 10/13/2023 09:00:08 PM
FEATURED Element79 Gold Corp Provides Update on Nevada Portfolio • Aug 23, 2024 8:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM