(Total Views: 141)
Posted On: 11/09/2024 10:12:53 PM
Post# of 13667
Re: Wallstreet1234 #12074
ROFLMAO!
How did your advice work out for you a week before the run started.
My teas leaves turned a 5000 dollar investment in to $200,000 dollar profit with free shares for me. It feels so good to be so horribly wrong.
wallstreet1231
Re: snpwfan post# 42954
Monday, January 04, 2021 10:15:43 PM
Post# of 82650
SNPW has been insolvent since their inception and have required debt and equity financing to maintain operations. They have failed to create cashflows from revenues sufficient to cover basic costs.
Value here isn’t going to be based on a reverse split - that is silly. Value is going to be based on Snpw being able to sustain themselves as an ongoing entity through the creation of revenue and profits. Processing a reverse split as an insolvent company seems to be a move out of desperation. I see this as a negative scenario for current shareholders.
My opinions as always.
How did your advice work out for you a week before the run started.
My teas leaves turned a 5000 dollar investment in to $200,000 dollar profit with free shares for me. It feels so good to be so horribly wrong.
wallstreet1231
Re: snpwfan post# 42954
Monday, January 04, 2021 10:15:43 PM
Post# of 82650
SNPW has been insolvent since their inception and have required debt and equity financing to maintain operations. They have failed to create cashflows from revenues sufficient to cover basic costs.
Value here isn’t going to be based on a reverse split - that is silly. Value is going to be based on Snpw being able to sustain themselves as an ongoing entity through the creation of revenue and profits. Processing a reverse split as an insolvent company seems to be a move out of desperation. I see this as a negative scenario for current shareholders.
My opinions as always.
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