Some posts deserve a second look: Several comme
Post# of 7795
Quote:
Several comments with your questions.
I encourage you to go back and listen to the last interview again.
First of all, the fact of SFRX finding treasure WILL move the stock price higher. Many times higher.
Second, that increase in stock price will be separate from the move to a new exchange which will be timed to coincide with a reverse.
The event of finding treasure triggering an extended upward movement of stock price vs. the move of the listing to the NASDAQ will be events that do not happen at the same time nor in the same month even. There is a lot that needs to be done to move to a new exchange. Kyle has a lot of experience taking companies public and that experience will come into play to the advantage of SFRX shareholders when the time comes.
So do not equate those two things or think of them happening at the same time. I would imagine they would be months if not several months apart.
Third, there are rules that require a company to have an income in order to do a buyback. I would bet that a stock buyback would be in the future for SFRX if the company had a steady revenue that could accommodate a move like that but I'm not sure that selling a bunch of assets qualifies as 'income'.
Fourth, it is not my understanding that the company will want to immediately sell off the treasure it finds. The treasure will add to the intrinsic value of the company. If a company you invest in is worth $1M and finds treasure worth $1B, the value of that stock goes up in tandem with the intrinsic value. That value is there whether they sell the treasure or not.
I am NOT saying they will NEVER sell any treasure they find just that there are factors that come into play when deciding which treasure to sell.
I hope this helps.
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