Celebrating the 4th by exercising my freedom of sp
Post# of 13706

Questions.
If shortly after the RS, SNPW recorded $100,000,000 in revenue would the stock price have gone down or up?
If after the the RS SNPW declared itself a shell, reported total assets less than $25k, cash at $8k, total liabilities at $3.7m and zero revenue, would stock price have gone up or down?
IMO, the RS is irrelevant, It is the performance of the company after the RS that determines whether or not the stock price appreciates or depreciates.
More questions
When the company passed the RS was there an open shareholders vote held?
Before the RS was the OS required very near or about the AS approved?
Before the RS would there need to be an open shareholders vote to raise the AS to 5 billion from 1 billion?
IMO, the potential for dilution of billions of new shares has always hung over the SNPW investors head.
In review IMO, the stock price decline had nothing to do with the reverse split or how many new shares are available, but rather the negative performance of the company following the reverse split which included naming itself a shell,getting rid of its only revenue producing subsidiary, going from SEC filings of OTC filings and IMO the most important factor failure to file any filings for 8 months.
SNPW doors remain open, opportunity for success remains.
HAVE A HAPPY JULY 4TH ALL.

