Post by
GObabyGO1 on Mar 02, 2021 11:38am
Shares outstanding
The problem we are having right now is the endless amount of selling pressure from cheap paper. It's a double edged sword when you finance your company on shares...now we have tens of millions of $0.01-$0.025 paper to chew through from creditors. I like this company but the share structure is awful. Even when we had those HUGE 100-200 million volume days we only moved a couple cents. This could be an uphill battle even with good sales numbers. Just my opinion. I hold 520,000 shares ps so this isn't a bash just want some other opinions. Thanks
Comment by
Investwthebest on Mar 02, 2021 12:03pm
I have already made up my mind once this hits 9 cents Im out ...if it hits 9 cents ...bought and 10 and again at 7
Comment by
PANAGONINVEST on Mar 02, 2021 2:13pm
If company wants to attrack more investors, including money managers, they will have to do a Reverse Split, even though I do not like RSs. Investors won't be buying a share that doesn't move, not even with tens / hundreds of millions of shares trading. GLTA.
Comment by
Dartmouth2 on Mar 02, 2021 2:36pm
Not much has changed since I left these bullboards 25 years ago. People are making lots of money with a 1 or 2 cent move so we have to be patient and build a new base. You can't fault investors for taking profits.
Comment by
paracelcius on Mar 02, 2021 6:36pm
Do you know that you have this complains about spo ? because values of your shares it is not grow faster enough to you. The real question is to know If the product will be adopted and appreciated by clients, after you will be desapointed or happy to got this share in your wallet.
Comment by
kalle040 on Mar 03, 2021 6:21am
844.25 M Shares https://thecse.com/en/listings/technology/sponsorsone-inc