Glad to see the acknowledgement of no more PP sell
Post# of 7795
Quote:
As I said earlier:
https://investorshangout.com/post/view?id=5633641
Kyle is no longer taking private placement purchases and this is beginning to show in the market price.
Looking at the charts shows that the price started a more dramatic increase in price in January. Around the same time Kyle quit accepting PP investments.
This has three positive affects for the company.
1. Kyle now has more time to run the company instead of constantly trying to raise money to fund the company.
2. It means the company is currently financially secure which is a very good thing and is usually a very difficult to achieve situation for a penny stock company.
3. It pushes the price of the stock up as those investors go to the open market to buy their shares instead of buying them directly from the company.
So I'm glad to see it.
Read More: https://investorshangout.com/post/view?id=565...z6CXJ0HJvH
From the company:
Quote:
While this interview discussed funding methods for Seafarer that could be applied to small or penny stock companies in general and has applied to Seafarer in the past, Seafarer is not currently accepting private placement purchases for stock and does not foresee a need to accept them in the immediate future.
Read More: https://investorshangout.com/post/view?id=565...z6CXJW5w3I