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Re: Beauneedsbiscuits post# 88489

Thursday, 07/28/2022 6:13:36 PM

Thursday, July 28, 2022 6:13:36 PM

Post# of 92705
It is estimated that approximately 500 million shares (not including restricted shares) are being held by those who are weighing down SFIO's stock price.

I can pull up examples. There was a famous OTC company called Bebida that had $3M in EBITDA and signed up Walmart, Costco, and many big box stores.

The stock was trading at .001 with about 2B shares being unloaded by a previous custodian.

Consequently, the company had difficulty raising capital to expand and ultimately shut down.

Jmo