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Bullboard - Stock Discussion Forum SponsorsOne Brands Inc C.SPO

Alternate Symbol(s):  SPONF

SponsorsOne Brands Inc. is engaged in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive and highly engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data... see more

CSE:SPO - Post Discussion

SponsorsOne Brands Inc > Am I the only one reading
View:
Post by BearishBull01 on Feb 20, 2021 6:48pm

Am I the only one reading

that 70mill shares will be given at .025cents... Wouldn't that just drop the current price back down
Comment by Maxdude on Feb 20, 2021 7:15pm
Maybe...maybe not, the market is a strange beast. If the company comes up with a news release next week about operational developments....then this will be interesting which way it goes
Comment by GObabyGO1 on Feb 20, 2021 8:07pm
They are clearing debt off the books. Look at it as a good thing. Also keep in mind insiders bought about 16 million shares at the beginning of February. Something is brewing here for sure. Buy what you are comfortable with...grab some popcorn and watch the show!
Comment by Caterpillar1 on Feb 20, 2021 8:12pm
This post has been removed in accordance with Community Policy
Comment by Giovani1Rizzuto on Feb 20, 2021 8:19pm
I agree but why did they pay back dept at a share price of 0.025 a share if the shares are being traded higher?
Comment by Caterpillar1 on Feb 20, 2021 8:35pm
This post has been removed in accordance with Community Policy
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