Replies to post #35198 on SurgLine International Inc (SGLN)

[Pinky Buster]

Noticed on my scott that OS went up from 5.6 to 5.9 billion.Didn't the 10Q also state that they have "Blank Check" shares that they can issue to market for sale to no doubt the Mms for .0007 to .0008?
Company also states they are broke & hope that forward revenues will come to fruition upon sales growth.Basically the next quarter financials should indicate future growth potential for the positive.
This is a sub-penny stock & as in any stock,it can be played whatever the investor chooses.Any comments whether derogatory or positive should be welcomed for others to decide.
Be interesting to see what SurgLine would come up with their structure with name change when it occurs if any.I would assume the pps range we see today would be an indicator for the current price & will remain so at these levels till at least the next quarter,but with stocks,anything could happen.---IMO.
GLTA

[BigBake1]

Yet does not stop them from becoming free trading at any point. That 6 months is minimum period before registering the shares for free trading. Reporting companies have multiple exemptions available to remove the restriction from share certs at any time to become free trading. The facts are this occurs everyday and in this case results in things like the DTCC chill put in place.