InvestorsHub Logo
Followers 101
Posts 13495
Boards Moderated 2
Alias Born 01/23/2004

Re: chemist72 post# 81369

Saturday, 02/17/2024 3:46:44 PM

Saturday, February 17, 2024 3:46:44 PM

Post# of 81985
You are absolutely correct, I mistakenly used $5.00 (0.0013 pre split) instead of $2.00 because that is the price that is required to meet the threshold where big money would have the ability to buy.

Thank you for the correction so other than having the stock price drop to 0.0005 nothing has changed and the following remains possible.

OS is less then 250,000 shares.

How long will it stay there is yet to be determined.

Company needs to raise cash, they could do it with preferred shares no raise in OS

Company could do it with restricted shares a long time before OS rises.

If financing secured, property secured , equipment ordered or a Chinese company acquires a major stake in the company news comes before dilution then there remains a change to profit here for those that held.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SNPW News