So, what we have is a company formerly named Mineseeker that is in debt to several debt holders. One of them being for 600 thousand bucks. And possibly more to the others.
This company has NEVER made a penny, not one penny of profit.
And somehow this is a good merger.
Ahahahaha, I must have slept through that class in college that says companies like Mineseeker are a good investment.
Well, SNTL is only down 19% right now. It should be lower as the days go on and investors dump shares trying to get out of this before Mineseeker destroys it completely.
I invest in companies that I think will make me money. And everything I say is just my opinion.