Great Post!! So we know now it's not Frank selling and JMJ is almost sold out now, Stop sign is removed and current Pink status, and there is talk of reduced share count possible company share buyback, price still in Blue Sky Breakout Territory(Look at the chart Shark Tank), and soo many more great PR's on the way, glad I scooped up them 4's today, GO $SANP
KEY TO TRADING IS BUYING SUPPORT AND SELLING RESISTANCE....WHERE IS PRICE NOW ACCORDING TO THE WEEKLY CHART?
People always blame dilution when a shitty stock is tanking. How about yall blame the FRAUDULENT CEO running the company. How is it that this ran an amazing 2900% on a simple LOI PR. But since then and all the supposed exciting new developments this is continuing to drop? People on here saying SANP is about to come into 1500+ bitcoins that have already been mined, but yet this is approaching the same pps it was at before the LOI PR.
He will be forced to raise the authorized or reverse if there are any remaining cpn notes. There must be room in the share structure to allow for notes to convert. With a dwindling share price, the notes continue to deal larger blows to the share structure.
I don't see convertible financing stopping anytime soon. If the merger with canoe actually happened, maybe the financing could have been more shareholder friendly. Instead it seems they're building up a company that's been rebranded many many times, with a share structure that is almost maxed out. Extremely high risk.