Yes, exactly. The split happened last fall. Old news, but some here might not have read up about it.
The pattern here is that a reverse merger gets announced, the A-1 preferred shares get transferred, and then after a period of time the deal gets "rescinded". So far, I've been here since it was PROW, then MBHC, then MMHC, and now SSOF. Watches, live-streaming, pot spas, cannabis products, Greek food, oil drilling products, and synthetic insulin. Eager to see what is next.
The best way to invest here is with your eyes wide open. If you can buy low and sell high as it is going up, then great. And, indeed, nobody can say how high this will go.
But if you are "investing" for the "long term," then you need to learn what rescission means and how the A-1 preferred shares make the common shares worth only 1/5 what you might otherwise think they are worth. You might also want to learn about how you can issue shares through legal judgments regarding liabilities. And you might want to research Ken Bland and his lawyer Jackson Morris.
You have looked into the A-1s, right?
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