$SNMN In August, the company announced their inte
Post# of 5409
Posted On: 08/24/2016 9:47:23 AM
$SNMN In August, the company announced their intent to cancel/eliminate a significant portion of the
company’s O/S count “SNM Global Holdings has filed in Florida court to eliminate shares of
following shareholders; FORTIS HOLDINGS LTD, WAKABAYASHI FUND LLC, and JOE
OVERCASH” (excerpt from their August press release). This is among the most intriguing of all
catalysts for the company, and here is why:
-Fortis Holdings LTD, Wakabayashi Fund LLc, and Joe Overcash are no longer affiliated
with the company. Their shares are void. They essentially do not exist, though they are
still registered and make the share structure less attractive to investors.
-Once their respective shares are cancelled, the new O/S count and float will be less
than 900,000,000 (roughly 870,000,000).
company’s O/S count “SNM Global Holdings has filed in Florida court to eliminate shares of
following shareholders; FORTIS HOLDINGS LTD, WAKABAYASHI FUND LLC, and JOE
OVERCASH” (excerpt from their August press release). This is among the most intriguing of all
catalysts for the company, and here is why:
-Fortis Holdings LTD, Wakabayashi Fund LLc, and Joe Overcash are no longer affiliated
with the company. Their shares are void. They essentially do not exist, though they are
still registered and make the share structure less attractive to investors.
-Once their respective shares are cancelled, the new O/S count and float will be less
than 900,000,000 (roughly 870,000,000).
(0)
(0)
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼