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Re: trader59 post# 8194

Sunday, 11/12/2023 10:13:15 PM

Sunday, November 12, 2023 10:13:15 PM

Post# of 10196
1st off, I can read financials. 2nd, expert market and the OTC created this debacle in the sinking share price while it was consistently blamed as a massive float addition (while it was not)! 3rd, you need a foundation to build a house. Course correction needs to come first - before SONG can fit your boilerplate 'going public' synopsis.

No, it doesn't look odd at all. The SONG ceo is shining a spotlight on something that we will learn in the morning. Obviously this is attached to OTCM and what was rectified/accomplished. Don't "guess" before u know the answers. Speculation is fun, but it's just that - speculation!

No, it isn't. Companies don't go public just to be public. That's fact. The objective is to sell stock to the public to raise money for company growth. This company did a registration statement for the stock awarded to the insiders (mainly the CEO). Once that went effective, all of that stock became free trading, and when sold into the market the company doesn't get the money, whoever sells it does.

Raising the A/S, awarding a bunch of stock, then cancelling part of that stock with relentless social media campaign looks odd, doesn't it? And everything you see is about the stock machinations, nothing to do with improving the business.

Want to know how much revenue is actually collected as cash?


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