Replies to post #104986 on Savvy Trades and Investments

[maxluke1]

BSQR - agree, I added a bit more after hours. Not expecting a huge pop, but I liked this line from the PR: We are evaluating all options for creating value for shareholders including exploring if our business could offer synergies to others, if acquisitions could accelerate our growth, and if we should return capital to shareholders

Granted, it could just be language to appease shareholders and they won't do anything. Or they'll do even worse and acquire a horrible company.

[larrybaz]

BSQR - They were smart back in 2021 and raised capital, so now they have that great balance sheet. This from the 2021 10-K:

Common Stock Sales

In the second and third quarters of 2021, we sold 108,879 and 6,793,798 shares of our common stock, respectively, pursuant to a registration statement on Form S-3 under the Securities Act of 1933, as amended (the "Securities Act") filed in March 2021. We received proceeds of approximately $31,936,000, net of issuance costs of $1,157,000. The issued shares and total paid-in capital are reflected in the consolidated statement of shareholders' equity for the twelve months ended December 31, 2021.