Been watching SNCF since before the reverse split and name change. They changed their name to Sanarco Funds and their address to one in Luxembourg, but their business description is still the old online workout business from before the name change. The official web address is Sanarco.life, which is a diversified financial services company in Luxembourg.
All signs point to the fact that they intend to roll over that business into the SNCF shell. If and when that happens, this stock has the potential to make a huge move higher.
Hopefully the price action from the last few days hints that something like that is coming soon.
Bid is now $1.01 vs ask of $6. There are less than 40K share in the float, so it could really explode on some volume.
Anyone know anything?
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