Raising money via a share offering is absolutely dilutive so an investor needs to take scale and add it to the equation.
SFOR has about 800 million shares out right now.
At today price, trying to raise $7.5 million dollars would mean selling at least 125,000,000 shares and that’s terribly dilutive.
I haven’t seen the terms of the sale. I’ve seen the registration filing but that’s not the terms of the sale. If there is any kind of coupon offered to the buyers (coupon = discounted share price) then the number of shares being offered could soar much much higher.
If SFOR’s stock price continues to drop then the number of shares being sold rises.
You also have to take a good hard look at SFOR’s history.
They’ve done all kinds of crazy offerings in the past from shares to notes to warrants.
All of these were to raise money for whatever boondoggle they’ve got going on.
The problem is that they never, and I mean never as in ever have had a profitable quarter or year in over 20 years. This company survives off of selling shares or selling debt via convertible notes and warrants.
Over two decades of raising money for research or marketing or development or to pay bills and pay salaries and shareholders have no profitable revenue ever in the history of the company.
At the end of the day it’s your money and your choice and I wish you the best of luck .
News 
Market Data 
Discover 
AI
