Guys I'm out as of a week ago.
My very first hesitation with SONX was extremely EARLY on. The realization the company was a FAMILY OFFICE run company. The whole concept felt a disturbing compromise for my interests which was volatility. Listen to your trader's gut carefully, it's often* wildly accurate.
My second heartbreak was another classic mistake. Never* fall in love with the company. Which I've lectured myself 100 times but SONX has this irrefutable allure as an investment. I'm not saying SONX is a bad investment. I am saying my life through a succession of unforeseen events has significantly changed. So to have the needs.
Enough of my predicament how about yours. Well confirmation of my logical departure showed up pretty fast.
When I looked for the R/S filing there was nothing to see but a PDF download. Immediate transparency red flag. I loathe PDFs because the perception is company in question is attempting to hide something or at least obscure it from the masses. Again don't misunderstand SONX has a great future. But that future has changed dramatically in time frame. From NYSE relisting to OTCQX R/S very quickly I might add.
TBH I was gobsmacked didn't know what the HELL had hit me. But quite by chance evidence had presented itself there was a fly in the revenue ointment. In terms of time to fruition of business plan this chance comment rocked my SONX world. I spoke to a dentist here about Trudeau's Free Dentistry. She said she won't participate because the kinks in legislation aren't good for business yet. To many logistical headaches.
People here especially seniors are complaining that the free dentist plan is a hoax because they can't get any Dental Care through it yet. So it appears to me SONX is a victim of electioneering promises that cannot be realized in the time frame anticipated. Yes Sonendo will succeed and yes I hope to return for that. But in the meantime there is money to me made in the market elsewhere. As an investor I cannot disregard that fact. Been a Stuckholder to many times.
I firmly believe the CEO has something up his sleeve that is good news but it isn't an NYSE or NASDAQ uplisting and it won't be overnight. That was my reason for being here. I wish the company all the best in it's endeavors which I firmly believe they will accomplish. But until that time I will invest elsewhere as choppy market conditions predicate. Very best of luck here I wish Sonendo continued success in there quest for Progressive Dentistry. Good luck guys! All the best 👍
Anyway the chips fall. There is no better substitute than YOUR OWN DD
Including mine...good luck!
