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Monksdream

11/19/17 7:34 AM

#289 RE: rjunior79 #288

The executive officers will issue lots of additional shares in order to fund operations, with officer compensation included in that funding.

CaffeineDream

11/19/17 12:13 PM

#290 RE: rjunior79 #288

All shares issued should be restricted for at least 2 years+ at the current moment. After the SEC crackdown on many brokerages, I'm pretty sure SING like many other penny stocks does not qualify for rapid clearing of their securities. Could be 1 year, but IMO it could likely be 2 years. Main reason why actually most companies held and sustained their gains. The SEC released a white paper trying to crack down on non-SEC reporting firms.

All in all, most securities issued have been in the last year, so therefore SING still has some ways to go before anything.

BLKCF still seems strange as it does not have too much of a past history here. The shares are more likely sold here given the high price of the stock here and the no prior history. Furthermore they need to raise more money for their operations. The blockchain industry is still hot though so there could be a good likelyhood the market can sustain the capital fundraisings for at least another year or so here. If they do a registered offering, that maybe worse in the short term to raise up capital at the expense of the equity holders.