Reg A had been around since April. Everyone knew there is 1Billion+ shares coming. Somehow retail are smarter than a $10million investors. They are the dummy that buy at 1,000% PPS. PPS for SNMN was at 0008 in July. Why retail with $10,000 buying power buy at 0008 but a DUMB $10Million feel they should buy it at 1,000% higher? Somehow retail is perfectly ok with that. Switch the table around and retail calling it bloody murder.
Ok thanks. Agreed that previous release indicated 'Non-Dilutive'. Oh well, if the funds are wisely spent in revenue generating entities with truly positive cash flow, then all will be OK. But that is a lot to ask at times, especially these days. Thanks again for the feedback.... HS
Do they have any buyers of the equity offered? I would think it would only raise the first million. Wouldn't anymore require a penny a share or more? Am I missing something?
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