Friday, August 26, 2022 11:40:22 AM
If you want to take this stock to the next level look at the regulatory environment around Crypto. The SEC is looking to possibly regulate the likes of Coinbase and the other trading companies. They have asked them to come in to talk. They feel if they try to talk with the SEC they might be on the hook for back fines for not coming in earlier. There was a good podcast on this at Blooming Crypto. Interesting listen.
If SNRY would register with the SEC as a trading Crypto Trading firm they do not have any history so no back fines and then they could merg with a current Crypto trading firm and avoid any back fines.
Good for the trading firm and good for SNRY shareholders. It would be a win win.
I am not sure Cooley would do that but given the current regulatory environment this would work.
GLTA Longs.
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