Pinocchio, the faux Chinese Tech Expert does have
Post# of 12436
Quote: "There can be no compelling argument that current shareholders would not benefit from increased demand for retail shares . It’s basic supply/demand economics. Anyone stating decreased demand for retail shares is beneficial to current holders has no merit."
What this fraudster fails to understand is while shareholders will benefit by an increased demand for SNPW shares, the question is how long will this increase last if its not based on actual fundamentals.
In today's market with the advent of Meme Stocks and the like, SNPW could see a huge artificial spike in its pps based on nothing as recently happened with FFIE but what eventually happens is the expected drastic return to reality, ie, the pps fall precipitously.
Such baseless trading almost always casts a dark shadow over a company since true investors may become hesitant to take up long positions, which is what every Ceo generally wants as opposed to Flippers making up its core contingent of shareholders.
IMO, based on the prevailing attacks on its business partners by the unhinged bunch of fraudsters that infects its space, SNPW has chosen to keep its "cards" close to its chest and will release the delinquent filings when the time is right.
The following article while not an equivalent comparison to SNPWs position, does give some insight into how long it can take to get a fledgling business going and becoming profitable.............
5 Successful Companies That Didn't Make a Dollar for 5 Years