Monday, December 04, 2023 10:48:53 AM
Endonovo is selling the Sofpulse assets to SofPulse Inc. for no less than $50 million.
SofPulse Inc is a company started by Endonovo.
Endonovo has no money, in fact they have over $20 million in debt. That probably means SofPulse Inc has no money, so in simple terms Endonovo is selling something that has no sales to their own company a product for $50 million.
I feel sad and sorrow for anyone that buys ENDV shares on the open market because they think Endonovo is getting $50 million.
I can not envision any bank taking SofPulse Inc public on Nasdaq via IPO.
I am disappointed on the level to which some people try to deceive other people, but after following Endonovo for a few years I am not surprised.
If you notice, Alan Collier names does not appear in today's press release. In fact his name has not appeared in many of the latest press releases. I guess it's his attempt of shielding himself from lawsuits, warrants, inquiries and arrest.
Oh and by the way, they are doing all these things, and they can not file a 10Q.
Sometimes I laugh so hard it's a shame on how some people really deceive unsophisticated investors into buying stock, or in this case, SofPulse Inc is raising $500,000 through a private placement.
SofPulse Inc is raising $500,000, but they announced they are buying sofpulse assets for no less than $50 million.
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