I agree, but I'm not yet giving up hope that Ray w
Post# of 2219
(Total Views: 383)
Posted On: 08/13/2020 6:57:00 AM
I agree, but I'm not yet giving up hope that Ray will pull the trigger on the reporting once their financial status and growth are sufficient to rock the stock.
He owns a pile of SIGO and it would be shit house crazy to walk away from the potential value it holds. I agree though, they need to get current and keep the ticker alive!
I still believe that the main reason they haven't been in a hurry to get current is that they haven't recently needed to access financing, in which case their financier would need to sell stock, and suddenly the pressure would be on to get the pps up to fair value in an effort to minimize dilution.
For insiders who know the true current and potential valuation of the stock, allowing it to fall to current levels when financing isn't being accessed merely creates a major buying opportunity. All just speculation on my part, but hopefully we'll see Ray start taking steps to get the stock to it's proper valuation fairly soon.
He owns a pile of SIGO and it would be shit house crazy to walk away from the potential value it holds. I agree though, they need to get current and keep the ticker alive!
I still believe that the main reason they haven't been in a hurry to get current is that they haven't recently needed to access financing, in which case their financier would need to sell stock, and suddenly the pressure would be on to get the pps up to fair value in an effort to minimize dilution.
For insiders who know the true current and potential valuation of the stock, allowing it to fall to current levels when financing isn't being accessed merely creates a major buying opportunity. All just speculation on my part, but hopefully we'll see Ray start taking steps to get the stock to it's proper valuation fairly soon.
(0)
(0)Sunset Island Group, Inc. (SIGO) Stock Research Links
Scroll down for more posts ▼