Replies to post #96442 on Sunshine Biopharma Inc (SBFM)

[Really People]

OHHH SNAPS I know who that is!!

Dude that's been hanging out on IHUB with Us..

He didn't tell me he was from a football legend family.

He exceed that 4.99% and had to report.

If it not the guy that told me that, there is another one pretty close.

All those share were bought on open market.

[Don'tDrinkTheKoolAid]

Par value is not what they paid for them. Sounds like it’s a filing to make it 5% legal 8% ownership he mentioned several times he would be breaking the 5% reporting rule. He finally did way more than 5%. Next report will be 10%!

[All-In-Nodge]

Restricted for minimum of 1 year.

[All-In-Nodge]

that is just for the cert, he pays the company large amount of money for those shares. Question is how much did he pay for those shares and it will not be 0.0001 par value. You need to go to school on how loans and subsequent warrants work, it is actually great how it works and the company can raise cash to do their work, much better than toxic where you sell free trading way below the market and they sell all of it until it is close to what they paid for it.

[MJP2020]

He mentioned several times that he bought in at $0.09 and kept adding even up to $0.28. He started buying SBFM back in Feb 2021 when the price of SNPW increased. So there is no way the price would be $0.001.