Sixth Wave Innovations Inc SIXWF

Pretty sure we're never seeing our money back on shares .32>

[throwaway11]

my outlook is pretty dim for this. What I can see is that the value of the company is going to increase through share numbers and not share price. 

If this stock hits the floor, what do we think it's worth it to bid at? Clearly the tech, the IP is not worthless --- say the interest in the stock remains dead as it has been and anonymous, RBC, TD etc don't get bored of selling. Do we buy when the market value is $3m?

[throwaway11]

throwback thursday

[BamBam101]

I am definitetely on the bid at $0.02CAD which is a market cap below $3M CAD. The funny thing is I was so happy to buy at $0.05, but if y'all are going to sell at $0.02 I guess that is where I will buy.  One of the easiest 10x I have ever seen with the right news release. Now that is the real trick isn't it. Come on you sick glucker! It is time to produce something. DD101BB101

[throwaway11]

So just want to run this down. Green envy - a non starter. Rio2, chances are slim (Killed by Chile govt). Barry Hollinger, dead. Nova Scota mine, probably a ways off. Magnus? Sounds like they didn't end up going ahead with IXOS since -we never heard about what happened-. Devices employing MIPs with Blumetric, Canada Govt, no idea where things are at. Same with test. UTI Tech, we're still

[BamBam101]

 SIXW is certainly not risk free. There is a real moral hazard of a chapter 11 bankruptcy. $1000CAD gets me 50000 lotto tickets for a future I want to see. I do now have quite a bit here, though only about 60% of what I originally envisioned. I can double down at these prices and still not have the full allotment put in. Oh what to do. Cherish the dollars and save them, or be twice as happy

[BamBam101]

I guess I should also speak to the potential reverse split. What you just said would result in a Market Cap of $270,000CAD. I guess that is possible. I would literally buy them all at that point. Then I can take a peak under the hood. I live for finding efficiency in Processes.  Now you got me dreaming... DD101 BB101

[throwaway11]

Not sure what you are suggesting. A reverse split consolidates value across existing shares by combining them. It doesn't lessen the value of the shares.

[BamBam101]

Often companies can revert to the original share price after a reverse split, or another 90% decline.

[TheEdge101]

What's the reverse split would look like?  1:20  like what Amazon did?  Or maybe $0.02 to $0.20?   I don't think investors will bite even if they do reverse split.   That's because it doesn't take a expert to know that historically these current board of directors do not know how to run a company.   They pretty much killed the longs  

[throwaway11]

I understand and have pointed out a lot that has gone wrong is not necessarily the Co's fault. 99% of my problem is the management (namely CEO) financing for $2 mil then paying themselves a ton of that money as a salary, then having the adacity to dilute us again as they repeat this process over and over. It leaves  me with the impression that they either don't care if the tech makes

[BamBam101]

I agree it does appear indifferent. Well in the end I hope they are worth it. We do need revenue. Whether it be from a grant, or producing something we need some support stat.

[throwaway11]

You sure do. When I emphasize that they haven't even submitted the test yet, it is because we have to consider that it could take as long as a year for the test to be evaluated and potentially approved. Considering there is zero revenue from IXOS, more dilution (You know, namely to keep those big salaries going) is inevitable.