It will all depend. How long do you think it wi
Post# of 12567
(Total Views: 96)
Posted On: 02/18/2024 10:37:56 AM
Re: Wallstreet1234 #6300
It will all depend.
IF
SNPW IS actually going it alone with nothing to generate new shareholder interest I would assume they will burn though at least 1/2 the AS rather quickly at a very low price.
IF
SNPW is going forward with it's Chinese partners and they end up providing the financing for part of the company it could be a long time before new common shares hit the market.
The key will be the terms of the financing.if the US facility happens,
I would assume that if the Chinese or what ever lender may be has taken a stake in SNPW for the loan or investment , it would be in their best interest to have the company trading on a MAJOR exchange rather then the OTC , so it would make sense for them to convert their interest to common stock further down the road when the company has real value.
My honest opinion.
What will be will be.
Quote:
How long do you think it will take for snpw to convert shares to the float, how many and at what price?
IF
SNPW IS actually going it alone with nothing to generate new shareholder interest I would assume they will burn though at least 1/2 the AS rather quickly at a very low price.
IF
SNPW is going forward with it's Chinese partners and they end up providing the financing for part of the company it could be a long time before new common shares hit the market.
The key will be the terms of the financing.if the US facility happens,
I would assume that if the Chinese or what ever lender may be has taken a stake in SNPW for the loan or investment , it would be in their best interest to have the company trading on a MAJOR exchange rather then the OTC , so it would make sense for them to convert their interest to common stock further down the road when the company has real value.
My honest opinion.
What will be will be.
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