RE:SBFM.... The Pump & Dump before the RSIseneschal wrote: Go ahead ....I dare ya ; )
Same chit ....different pile
I took the liberty to read the Co's Fncl's and as far as I can see....this is a perfect example of how the Managers of a company get paid huge annual salaries and have the typical "golden handshakes" when they leave.....and the Shareholders get Sweet F. All
And now they have voted to do another Reverse Split....so they can do this BS all over again!!!
"On March 4, 2024, the Company’s board of directors, and Company’s chief executive officer, as the holder of the majority of the voting power of the Company’s stockholders, approved an up to 1-for-200 reverse split of the Company’s common stock in order for the Company to become compliant with Nasdaq’s $1.00 minimum bid price for the listed common shares."
There will be a trade in it for us mooches.....but sheesh......hard to say that this is morally ethical for a few of the self serving maddapakkas running the ship