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chaostrader

07/28/22 6:13 PM

#88491 RE: Beauneedsbiscuits #88489

It is estimated that approximately 500 million shares (not including restricted shares) are being held by those who are weighing down SFIO's stock price.

I can pull up examples. There was a famous OTC company called Bebida that had $3M in EBITDA and signed up Walmart, Costco, and many big box stores.

The stock was trading at .001 with about 2B shares being unloaded by a previous custodian.

Consequently, the company had difficulty raising capital to expand and ultimately shut down.

Jmo