SOHM Inc (SHMN)

[MDPennyPlayer]

According to SHMN's PR about the ABBIE acquisition:

ABBIE was acquired from CGA 369 for $10 million. The first payment of $6 million will be paid in 12 months from the effective date and will be a combination of $3 million cash and $3 million in restricted common stock. The remaining $4 million payment to CGA 369 will be triggered by ABBIE’s first $50 million of commercial sales.

3 million of restricted common stock would be 3 billion shares at the current share price.

Where is SHMN going to get the money for the 3 million in cash? Are they using most of the "up to 5 million" in financing? We know they aren't selling anything from the financials (of any appreciable worth). They aren't manufacturing anything.

Just AI generated tweets and pie in the sky projections that never come true.