Just something for $SFIO longs to keep in mind...
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Posted On: 09/21/2022 7:59:25 AM
Just something for $SFIO longs to keep in mind...
Float was always ~498M, now 548M
O/S was always ~633M, now 1.2B
For a decade while ticker was an empty shell market cap hovered below ~$6M, now $21M
Had zero revs, no product etc, now emerging international conglomerate w/ $100M+ revs & major business growth
For the doubling of the O/S, investors achieved over three-fold the market cap along with multiple viable profitable international businesses
all while the real float only rose by roughly 10%
This is what long term investors call 'building shareholder value' which IMO is quite a rarity in the OTC
not to mention the absurdity of a company valued at less than a quarter of their expected annual revenues! As 'always', 'time will tell...'
Do or do not, there is no try
GLTA
$SFIO
Float was always ~498M, now 548M
O/S was always ~633M, now 1.2B
For a decade while ticker was an empty shell market cap hovered below ~$6M, now $21M
Had zero revs, no product etc, now emerging international conglomerate w/ $100M+ revs & major business growth
For the doubling of the O/S, investors achieved over three-fold the market cap along with multiple viable profitable international businesses
all while the real float only rose by roughly 10%
This is what long term investors call 'building shareholder value' which IMO is quite a rarity in the OTC
not to mention the absurdity of a company valued at less than a quarter of their expected annual revenues! As 'always', 'time will tell...'
Do or do not, there is no try
GLTA
$SFIO
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