Broke and standing around in the bread line for mo
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Posted On: 01/25/2023 7:38:06 PM
Broke and standing around in the bread line for months
Company is always broke and always borrowing money to get through another 6-12 months. Has anyone added up the Snpw convertible and non-convertible debt accumulated over the first 5 1/2 years since inception?
Meanwhile, track record of filings also shows no ability to market and sell anything on its own.
Who is going to lend the company 50 mil after doing just 2 hours of due diligence?
Might need to authorize an increase of a billion convertible shares and give away the farm just to end up with another 20% participation agreement like the Medi-Ri nightmare.
Hopefully, a license will be in place before ordering the "selected" equipment (tweeted) this time. Those 18 months to 2 yrs in advance 60MW of monthly solar panel pre-orders (tweet) are a reminder of those supposed Medi-Ri chemical hauler contracts in place while waiting on a DEM license denial.
Nothing has changed.
in my humble opinion
cheers
Company is always broke and always borrowing money to get through another 6-12 months. Has anyone added up the Snpw convertible and non-convertible debt accumulated over the first 5 1/2 years since inception?
Meanwhile, track record of filings also shows no ability to market and sell anything on its own.
Who is going to lend the company 50 mil after doing just 2 hours of due diligence?
Might need to authorize an increase of a billion convertible shares and give away the farm just to end up with another 20% participation agreement like the Medi-Ri nightmare.
Hopefully, a license will be in place before ordering the "selected" equipment (tweeted) this time. Those 18 months to 2 yrs in advance 60MW of monthly solar panel pre-orders (tweet) are a reminder of those supposed Medi-Ri chemical hauler contracts in place while waiting on a DEM license denial.
Nothing has changed.
in my humble opinion
cheers
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