Replies to post #49554 on SNM Global Holdings (SNMN)

[slade]

The front page of the 1-A- otherwise known as the Regulation A offering statement clearly identifies the strike price of .0125. That is what the company is planning on selling the shares at. If they are success in reaching that pps or higher, there is no need initially to reverse. They will have funded all companies without it. If they don’t reach that pps, the company can put in an amendment to the reg-a to sell the stock at a lower price. If the pps exceeds .0125 the company can put in amendment to raise the strike price.

If they go fully reporting and uplist in the future I would expect a reverse. The verbiage about a possible reverse in the future is a safe harbor statement by an excellent Securities Attorney to protect shareholders. If a Reverse split was applied for there would have been definitions- 200/1 1000/1

Your warnings against greedy people are a waste. Nothing you have posted is based in fact- just your wrong interpretation of how an Sec Reg A offering works.

[Uhitit1]

Thanks I believe you. The investors who panicked and sold lost their investment. Even if they bought back at 0005 and got more shares they would have to sell at 0.002 to make a little profit. When 1.4 billion shares are sold the company gets $14 million at 0.001 they can change the offering and price and rs. Now maybe I’m completely wrong on how offerings work and I hope I am but this is the price we pay when dealing with pinkies.