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Coldspringharbor1

05/14/21 10:11 AM

#148742 RE: mfaphoto #148735

How do you know SBC didn’t sell a billion shares already at .02-.05? Wouldn’t that have been their fiduciary duty? Now they are doing deals with cash on hand and using low share price as incentive for deals as said crypto currency platform may get cash and shares of NSAV as part of ownership. A company I follow closely LGIQ has done huge deals over the past year acquisitions of Push, Fixel AI and Rebel AI. Note the selling companies wanted shares of LGIQ at a gross discount to market so they could sell at true valuation many multiples higher hence selling their companies for far greater than cash at times of closing.
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shotsky

05/14/21 10:16 AM

#148744 RE: mfaphoto #148735

None of that makes sense. If SBC was buying shares in November, the share price would not have stagnated until February. But AGAIN, SBC is NOT a STOCK TRADER. They are a business involved in getting a crypto coin minted. STUX.