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Re: ThoughtPower post# 7813

Tuesday, 08/06/2024 2:42:07 PM

Tuesday, August 06, 2024 2:42:07 PM

Post# of 7824
I agree - I know that Global didn't put up $5mil because they wanted this at a nickel or a dime. They also left the bank open for 30 months. That suggests that they anticipate they will be making investments in the company until Jan/Feb of 2026. And if there is "proof of concept" (i.e. the investment works) then they have 6 other family offices covering 3 continents who might give meaning to SynBio "INTERNATIONAL".

I'm not an advisor but one way to play successful investments is to sell some portion of your investment when you see a decent gain, get back your original capital investment and then you can look for the next "hot" deal. But you might want to consider keeping some portion of this one in the bank. Assuming it's working.

To paraphrase Warren B - selling something that is going up while holding onto investments that are not working, is like pulling all of the good plants out of the garden and watering the weeds.

Waiting to see the S-1 registration and the filing of the audited statements, followed by Finra approval of name/symbol change and uplift to OTCQB. They wouldn't be going to OTCQX which is mostly reserved for foreign companies who want a US listing.

From OTC Markets: The OTCQX® Best Market is for established, investor-focused U.S. and international companies. Penny stocks, shells and companies in bankruptcy cannot qualify for OTCQX.